November 2013

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HP Boxscore Construction Analysis: Canadian LNG: The race to Asia

Canada is the world’s third-largest producer of natural gas, with a gross annual output of 6.4 trillion cubic feet. The vast majority of Canada’s natural gas production derives from conventi..

Nichols, L., Hydrocarbon Processing

Canada is the world’s third-largest producer of natural gas, with a gross annual output of 6.4 trillion cubic feet. The vast majority of Canada’s natural gas production derives from conventional production in the West Canadian sedimentary basin in Alberta, and shale plays in British Columbia. Historically, Canada has exported almost all of its natural gas to the US by pipeline. However, because of the recent shale gas boom, the US no longer needs to import significant volumes of natural gas from Canada. This has caused a considerable dropoff in Canadian exports to its main customer, with projections showing substantial decreases over the next 20 years (FIG. 1).   &#

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