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Outlook 2026: LNG markets and the overhang
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
Outlook 2026: The geopolitical weaponisation of LNG
Global gas markets are being reshaped by politics as much as by gas prices and fundamentals. From Washington to Doha, Brussels and Beijing, LNG has become a strategic weapon as much as a commodity
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The US Gulf dominated investment decisions this year, but Asian importers’ concerns over supplier diversity mean the focus is shifting
Canada’s Asian pivot faces hurdles
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
Alberta’s energy hub sees silver lining
US tariffs bolster Alberta’s Industrial Heartland exports to Asia
Gas should fare better than oil under Canada’s new regime
The new federal government appears far more supportive of oil and gas than former prime minister Justin Trudeau’s climate-focused administration, but the prospects look better for the latter hydrocarbon
Explainer: How the EU will wean itself off Russian gas
Questions remain about how the phase-out will be implemented and enforced in practice
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Canada LNG
Vincent Lauerman
Calgary
27 June 2022
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Goldboro LNG gets back on track

Renewed appetite for quick solutions to get gas to Europe has combined with a more scalable solution to revitalise liquefaction ambitions

A scaled-down version of the Goldboro LNG export project on Canada’s east coast is moving forward again. And this time it can apparently boast the support of the federal government, which aims to ship gas to the country’s democratic allies in Europe as quickly as possible. Goldboro LNG’s feedgas is to come from the gas-producing assets of its developer, Calgary-based Pieridae Energy, in the foothills of Alberta’s Rocky Mountains in the west of Canada. But last summer a large land-based version of the Nova Scotia project was put on hold, with Pieridae citing cost pressures and an inability to secure financing. Petroleum Economist spoke to Alfred Sorensen, the firm’s CEO, on what has changed b

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