Contributed by: ChrisDown, Partner, Norton Rose Fulbright
With the significant growth of North America as an LNG exporter, investors in the North American LNG industry need to find buyers for LNG – at the same time, power demand continues to grow in emerging markets and, post-COP21, gas-fired power generation
Interview with ScottMacLeod, Business Development Manager, OG&C, Bechtel Canada
Natural gas is abundant across Canada and with the global demand for natural gas expected to increase 46% by 2040, the Canadian natural gas industry has an opportunity to utilise its resource potential.
The hugely ambitious venture to construct a $45-65+ billion LNG export project in Alaska continues to gain momentum, with the latest development being the selection of a potential site for the liquefaction plant and terminal.
The US Department of Energy (DoE) last month authorised a third proposed natural gas liquefaction project – Lake Charles in Louisiana – to export LNG to countries with which the US does not have a Free-Trade Agreement (FTA).
In April 2011 the US Energy Information Administration (EIA) published an assessment of technically recoverable world shale gas resources that generated considerable excitement about the prospects of the North American shale gas revolution being replic