Volatility in the supply and price of natural gas worldwide since Russia's invasion of Ukraine shows the value of the LNG Canada project as a source of 'affordable, reliable' and 'responsibly produced' liquefied natural gas, the project's CEO said.
Volatility in the supply and price of natural gas worldwide since Russia's invasion of Ukraine shows the value of the LNG Canada project as a source of "affordable, reliable" and "responsibly produced" liquefied natural gas, the project's CEO said.
Klein made the comments at the opening of the LNG 2023 conference in Vancouver, an event that was originally scheduled for last year in the Russian city of St. Petersburg before being moved to B.C. because of the war in Ukraine. The LNG 2023 conference runs until Thursday, drawing multinational energy corporations such as energy giants Petronas, BP and ConocoPhillips, as well as government representatives from key producing countries such as Qatar. The conference is held every three years.
Sarah Bairstow, president and chief commercial officer for U.S. LNG producer Mexico Pacific, said that was why the industry should keep its attention on Asia — which she described as the "demand engine" for the commodity.
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