The Haisla Nation is advancing the Cedar LNG project
Canada’s LNG export rebirth
Europe’s ambitions for a Russian import freeze are a boon to a previously stalled sector
Canadian LNG export projects have had a tough time achieving FID in the past. No projects deliver into the international market and only one, the Shell-led LNG Canada project on the west coast, is under construction. But with spiralling gas prices in Europe and much of Asia, and many European countries scrambling for alternative supplies following Russia’s invasion of Ukraine, optimism has returned to the Canadian LNG industry. And that applies to liquefaction projects on both the west and east coasts of the country, with the federal government suddenly more supportive of eastern projects to help democratic allies in Europe improve their medium-term energy security. Petroleum Economist spoke
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While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
