Canada’s LNG export rebirth
Europe’s ambitions for a Russian import freeze are a boon to a previously stalled sector
Canadian LNG export projects have had a tough time achieving FID in the past. No projects deliver into the international market and only one, the Shell-led LNG Canada project on the west coast, is under construction. But with spiralling gas prices in Europe and much of Asia, and many European countries scrambling for alternative supplies following Russia’s invasion of Ukraine, optimism has returned to the Canadian LNG industry. And that applies to liquefaction projects on both the west and east coasts of the country, with the federal government suddenly more supportive of eastern projects to help democratic allies in Europe improve their medium-term energy security. Petroleum Economist spoke
Also in this section
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub






