Canadian LNG industry strikes a defiant note
A lobby group for exports foresees a bright future despite a long history of setbacks
Canadian LNG exports could hit 56mn t/yr by 2035, according to a report funded by industry group the Canadian LNG Alliance. But that optimism seems at odds with further gloom at projects still moving ahead and years of project cancellations and abandonments. Investment in infrastructure, additional LNG projects and the expansion of Shell’s $40bn LNG Canada Phase 1 project in Kitimat, British Columbia (BC) are identified as drivers in reaching 56mn t/yr. "Canada's LNG industry holds potential economic benefits for Canada," says Roger Francis, director of sustainability at market researcher the Conference Board of Canada, which authored the report, A Rising Tide: The Economic Impact of BC's l
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
