Rocky shores
Canada’s LNG-export hopes are fading fast
THESE are not good times for Canada’s budding liquefied natural gas industry. After a promising start, virtually all of 20 proposed export projects are in jeopardy, buffeted by regulatory delays and a glut of LNG on global markets. Just two years ago, Canada was expected to export more than 10bn cubic feet a day (cf/d) of LNG by 2040 – a west coast outlet for British Columbia’s (BC) huge but remote reserves. The Conference Board of Canada, an energy think tank, predicted exports could reach 30m tonnes a year of LNG if only three of all mooted projects come into service by 2025. But this is looking doubtful, as cash-strapped oil producers and their international backers hedge their bets on th
Also in this section
2 April 2026
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
2 April 2026
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
