Commodity Market Report

Regionalized supply and demand underscore the importance of the midstream Canada Gas Long-term Outlook H2 2017

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23 February 2018

Regionalized supply and demand underscore the importance of the midstream Canada Gas Long-term Outlook H2 2017

Report summary

While the extremely warm winter from the beginning of 2016 seems like a distant memory, the Canadian gas markets are still feeling the lingering pain as Western Canada experienced one of the worst supply-demand dislocations this summer. With an expected pullback in WCSB production, rising demand from the oil sands sector and hopefully a normal winter season, market fundamentals for 2017 look strong enough to attract fresh capital, but three hurdles in particular could hold back market development and production growth for the basin beyond 2017.

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    Regionalized supply and demand underscore the importance of the midstream Canada Gas Long-term Outlook H2 2017.pdf

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