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
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