Letter from Canada: LNG export industry in disarray
Canada at one stage looked set to be a major LNG exporter, but all except four liquefaction projects have fallen by the wayside
The leaders of Germany and Japan travelled to Canada in recent months to seek additional LNG supplies, but Prime Minister Justin Trudeau paid them little more than lip service. His government is continuing to prioritise climate change, not the energy security of the country’s democratic allies, as the world again breaks into primarily democratic and authoritarian power blocs. Despite massive gas resource in the west of the country, the climate-related policies of the Trudeau government have left the Canadian LNG export industry in disarray, with its main lobby group nearing collapse and few additional projects likely to move forward. Bryan Cox, CEO of the Canadian LNG Alliance, stepped down
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
19 November 2024
Energy minister says country is delaying first oil production until pipeline and refinery are ready