Canada — with its abundance of petroleum — has been surprisingly slow exporting gas anywhere other than across the border to the United States.
Now, Ottawa is supporting Canada’s first export projects for liquefied natural gas (LNG) with more than words, as it clears hurdles to overseas exports viability, including help against what will one day again be a situation of gas glut.
Western Canada’s LNG Canada project at Kitimat B.C. and a dozen other gas projects received some needed market push at the weekend, when Ottawa said exported LNG volumes would earn Paris Climate Accord carbon-emissions credits for overseas buyers of the Canadian product. The Globe & Mail report on Paris-linked LNG came just after the Tenth Clean Energy Ministerial met in Vancouver over the weekend.