B.C. Canadian LNG can have a domino effect to help Europe CanadiansInvest stocks energy tech biotech industry
Natural gas storage sites in the European Union are now 95 per cent full, in part thanks to aBut Europe needs to take immediate action to avoid the risk of natural gas shortage next year, the IEA said in early November.
Wood Mackenzie estimates the delivered full cycle cost of LNG from western Canada to northeast Asia to be US$9.10 per MMBtu, in line with US$9.20 from the United States, the world’s largest LNG exporter.Canadian LNG can do more to reduce emissions than other sources of natural gas as growing Asian economies reduce reliance on coal.
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