EWAnalysis: Canada comes late to LNG; projects and prospects mixed

EWA Staff Canada has abundant natural gas resources. Concentrated in the provinces of Alberta and British Columbia, the total resource size is approximately 30.8 Tm3 (1.087 Tft3). The Montney formation accounts for 36% of Canada’s total natural gas resources. Fig. 1 shows the shale and tight gas distribution across western Canada. The shale boom in the US has turned Canada’s southern neighbor into a major exporter of natural gas and LNG. Although gas exports from the US have increased, Canada’s exports have remained the same or declined. Historically, Canada exported nearly all of its excess natural gas to the US; however, due to the shale gas boom, the US no longer needs large quantities