Rocky shores
Canada’s LNG-export hopes are fading fast
THESE are not good times for Canada’s budding liquefied natural gas industry. After a promising start, virtually all of 20 proposed export projects are in jeopardy, buffeted by regulatory delays and a glut of LNG on global markets. Just two years ago, Canada was expected to export more than 10bn cubic feet a day (cf/d) of LNG by 2040 – a west coast outlet for British Columbia’s (BC) huge but remote reserves. The Conference Board of Canada, an energy think tank, predicted exports could reach 30m tonnes a year of LNG if only three of all mooted projects come into service by 2025. But this is looking doubtful, as cash-strapped oil producers and their international backers hedge their bets on th
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
