Insight
Navigating Canada's LNG landscape
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Report summary
Canada's oil and gas sector is on the brink of a significant transformation, thanks to the new egress routes for oil (TransMountain Expansion) and gas via the imminent start-up of LNG Canada Phase 1. Three other LNG projects, which were first proposed over 15 years ago, are finally expected to start flowing in the next five years, marking a significant milestone in the sector's evolution. These LNG developments, both under construction and in the design phase, are set to reshape the industry. Our comprehensive analysis delves into each project participant's feedgas sourcing strategy. We examine who has ample supply and is ramping up drilling and production, and who may need to forge partnerships with other producers or rely on grid purchases. We also explore the unique aspects of each project in flight, contrasting them with the LNG Canada Phase 1. Lastly, we assess the potential impact of LNG exports on Western Canada's gas dynamics and pricing.
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- Executive summary
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