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Canadian LNG exports have been hailed as the saviour by the Canadian gas producers in recent years as they will tap into Canada's vast under-developed and remote resource base. Based on Wood Mackenzie's spring assessment of global gas markets, four western Canadian projects looked viable – ramping up LNG exports to 4.4 bcfd by 2030. However, there remains the risk that the western Canadian gas resource could be stranded indefinitely, and an alternative forecast scenario is one with no western Canadian LNG export projects. Three factors will support continued growth in WCSB production even without these projects.
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Can Canadian gas production grow without Canadian LNG exports? PDF - 326.65 KB 7 Pages, 0 Tables, 6 Figures
Description
This Gas Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.
For participants, suppliers and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making.
We provide detailed supply, demand and price forecasts based on our integrated upstream, power, coal and LNG research. Our regional gas experts are based in the markets they analyse, providing comprehensive analyses of regional and global gas markets.
If you want to understand complex gas market dynamics and plan for the future, Wood Mackenzie is the premier resource to help you gain a clear, competitive advantage.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
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As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...
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Insight | Oct 2015
Can Canadian gas production grow without Canadian LNG exports?
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