Canada's LNG Industiy Said to Face Tough Competition From U.S., Russia

摘要

Western Canada's nascent liquefied natural gas industry faces competition from established competitors in Australia, the U.S., Qatar, Russia and east African nations such as Mozambique and Tanzania, industry leaders said at the International Liquefied Natural Gas in British Columbia Conference in Vancouver. Canada has more than a dozen proposed West Coast liquefaction plants or gas pipelines in various stages of the approval process; nine have received export permit licenses from the National Energy Board (37 INER 657, 5/7/14). But Greg Pardy, co-head of global energy research for the Royal Bank of Canada, said Australia "is leading the charge right now" with seven greenfield LNG projects under way. By 2018, Australia is expected to surpass Qatar as the world's leading LNG producer, he said.