LNG Canada Is Exporting – So Why Are Canada’s Natural Gas Prices Weakening?
Description
NGI’s LNG editors Jamison Cocklin and Jacob Dick examine the market implications of Canada’s entry into large-scale LNG exports, following Shell plc’s LNG Canada facility shipping its first cargo in June.
Despite the milestone, Canadian gas prices continue falling relative to Lower 48 counterparts as the country’s producers aggressively ramp production ahead of demand. The discussion dives into the details of LNG Canada’s startup, timelines for other projects advancing on the country’s west coast, and when supply-demand rebalancing could impact U.S.-Canadian price differentials.
The duo also cover the unique advantages Canadian LNG offers, including shorter shipping times to Asia, as well the challenges like building infrastructure in remote areas.
United States
