Buyer's Club

Exporting large volumes of Western Canadian gas as liquefied natural gas (LNG) would help resolve the region’s growing gas glut. The government of British Columbia has set a goal of having three major LNG export facilities in operation by 2020, and already is counting the money it expects to make in LNG-related taxes. But while more than a dozen liquefaction/export projects are under development in BC, none of them is a sure thing yet, and LNG sales and purchase agreements with utilities and others in the Asia/Pacific region have been slow in coming. Today we begin a series that considers whether our northern neighbor’s chance to supply gas to Japan, China, and South Korea may be Slip Sliding Away.