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Varcoe: 'Groundbreaking' — Canada's LNG industry set to launch as energy sector enters new year

calgaryherald
Summary
Nutrition label

73% Informative

Canadian oil and gas leaders expect more mergers and acquisitions, and relatively flat oil prices.

The LNG Canada project will begin shipping supercooled gas to international customers in 2025 .

A BMO Capital Markets survey of 59 executives with Canadian petroleum producers last month found a relatively confident outlook about the new year .

In 2025 , ATB Capital Markets forecasts WTI crude prices will average $ 70 a barrel and AECO natural gas prices in Alberta to average C$ 2.85 per Mcf .

ATB analysis indicates that required gas volumes for LNG Canada are already covered by the combined output coming from its partners.

VR Score

79

Informative language

81

Neutral language

44

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

8

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