The Haisla Nation is advancing the Cedar LNG project
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
17 July 2025
US downstream sector in key state feels the pain of high costs, an environmental squeeze and the effects of broader market trends
16 July 2025
Crude quality issues are an often understated risk to energy security, highlighted by problems at a key US refinery
15 July 2025
Government consultations on the windfall tax and the exploration licence ban are positive steps, but it is unclear how long it will take for them to yield tangible outcomes
15 July 2025
A brutally honest picture about the potential role of oil and gas in 2050 should prompt policymakers to not only reflect but also change course to meet vital energy needs
