Canada: LNG Canada: Others Unlikely To Follow

摘要

1. The development of LNG Canada represents a critical turning point in the Canadian natural gas sector, unlocking large-scale exports to Asian markets, 2. This project is unique amongst its peers in Canada given that each partner is an active producer of natural gas and is among its respective country's most prominent traders of liquefied gas supplies, 3. The majority of proposed LNG export terminals in Canada will struggle to advance over the coming quarters due to still limited profitability in the sector coupled with a lack of supportive infrastructure to connect supplies to market, 4. The government will have to reaccess its provincial and federal-level emissions policies given the implied increase from LNG Canada. The displacement of more carbon-intensive generation in importing markets will result in net benefits at the global level.