No business case for Canadian LNG you say?
Canada’s largest Natural Gas producer – Tourmaline Energy – has just started delivery of clean Canadian Natural Gas – through pipelines to Chicago, then south to the U.S. Gulf Coast – for delivery to Asian markets: proving to the skeptics that there IS a business case for Canadian LNG exports!
Eight years ago, there was great promise in building Canada’s natural gas export facilities. 18 facilities started the process of approval. Only one will be functional in 2025. Meanwhile our U.S. competitors have built 7 facilities in the same timeframe!
Congratulations to Tourmaline – exporting clean Canadian energy to a resource starved world using their own funds.
Review the official Hansard transcript here.