Brighter horizons for Canada's LNG exports
As expectations of a world glut fade, Canada’s long-suffering export projects look set to take on a new lustre
A number of factors have combined to engender optimism in Canada's liquefied natural gas sector. Increased Asia-Pacific demand, especially from the emissions-conscious Chinese market; gas producers looking to diversify exports away from their traditional US pipeline market; and progress on key domestic gas transmission arteries suggest additional final investment decisions are likely this year. World LNG imports in 2017 grew at their fastest rate since 2010, rising 9.9% year-on-year, to 289.8m tonnes, according to LNG-importers group GIIGNL. Most of the growth was attributable to Asian-Pacific markets, and to China in particular. Chinese LNG imports rose 43.3% last year from 2016, to 11.6m t
Also in this section
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way
15 April 2026
The country plays a vital role in connecting Asia to Europe, but the expiration of Russian contracts and the ramifications of the war in Iran are placing it under pressure
14 April 2026
The GECF has warned it may revise its projections for demand this year downwards in light of conflict in the Middle East, although it maintains its forecasts for 2027 and onwards
