Letter from Canada: LNG export industry in disarray
Canada at one stage looked set to be a major LNG exporter, but all except four liquefaction projects have fallen by the wayside
The leaders of Germany and Japan travelled to Canada in recent months to seek additional LNG supplies, but Prime Minister Justin Trudeau paid them little more than lip service. His government is continuing to prioritise climate change, not the energy security of the country’s democratic allies, as the world again breaks into primarily democratic and authoritarian power blocs. Despite massive gas resource in the west of the country, the climate-related policies of the Trudeau government have left the Canadian LNG export industry in disarray, with its main lobby group nearing collapse and few additional projects likely to move forward. Bryan Cox, CEO of the Canadian LNG Alliance, stepped down
Also in this section
3 May 2024
Upcoming elections are likely to deliver a win for the party of president Andres Lopez Obrador, but analysts differ over to what degree his successor will stick to his energy policies
2 May 2024
Faster-than-expected economic growth fails to mask macro imbalances and shifting structural oil product trends
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind