Friday, May 26, 2017
Canada’s LNG outlook.
Canada hopes to join the ranks of the world’s major liquefied natural gas (LNG) exporters. The industry could draw tens of billions of dollars in investment and help Canada send more of its natural resources to Asia’s energy-hungry markets, a key foreign policy goal for Prime Minister Justin Trudeau’s government. However, those hopes have taken a hit as rival US LNG projects race ahead and the global gas market goes through a supply glut.