Canadian Gas Users Express Concerns over Domestic Price Impacts of LNG Exports
The Financial Post reports that the Industrial Gas Consumers Association of Alberta, a group of large Canadian gas users, has requested that the National Energy Board (NEB) undertake a comprehensive study on the potential impacts of Canadian LNG exports on domestic gas prices and supplies. The article also reports that the Chemistry Industry Association of Canada, representing Canadian chemical companies, recently submitted a letter to the NEB expressing concerns that existing LNG export orders could limit their its members’ access to petroleum liquids such as propane, butane and ethane. According to the article, the NEB recently sent information requests to LNG project sponsors BG, Exxon and Petronas, related to a “sensitivity analysis” the NEB is conducting on Canadian gas needs.