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A key reason for the different pace of US and Canadian LNG development is cost. Currently it is the US, not Canada, that is building an LNG export industry. Some 46 million tonnes per annum of LNG production capacity is now under construction in the US, compared to none in Canada. But as the level of US construction activity increases, costs are rising, while in Canada the slump in commodity prices has brought costs down.
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This LNG Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.
If you want to look at the trends, risks and implications of this topic, this report gives you an alternative point of view to help inform your decision making.
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Insight | Apr 2015
Changing US and Canadian LNG costs
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