Shale gas endangers Mackenzie Delta Project

摘要

Prolific growth in the low-cost shale gas basins of North America, already creating a bleak outlook for Western Canada's costly gas sector, is now posing a threat to the biggest long-term project of all - the proposed development of Canada's Mackenzie Delta, which lies on the country's northwestern Arctic coast. Designed to fill the anticipated supply void as conventional reserves decline, the Arctic venture suddenly finds itself confronted with what EnCana CEO Randy Eresman said is a technological breakthrough that has profound implications for North America's energy future.