Commodity Market Report

Canada gas markets long-term outlook H2 2015

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09 February 2016

Canada gas markets long-term outlook H2 2015

Report summary

In our Canada Gas Long-Term Outlook H2 2015, our North American Gas Service analysts discuss the longer term weaker macro gas outlook globally but remain confident that support over the next two years remains strong, Western Canada will continue to face a challenge competing into the downstream market with stronger-than-ever US Northeast growth, even after rising pipe costs and weakening Henry Hub prices. Domestically, oil sands and the power sectors will drive demand growth and support upstream activities, but piped exports will decline over time, Key risks come from the pace of liquids-leveraged gas production growth in WCSB and uncertain oil sands demand as operators delay FID decisions for these mega-projects.

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    Canadian Market Long-Term OutlookH2 2015.pdf

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