Canada prices point to LNG

Written by  John McKay
Thursday, 15 November 2012
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Nov 15 (LNGJ) - Canada, which is planning to export LNG to the Asia-Pacific region, expects its natural gas prices to be lower this winter than in the US. The Canadian National Energy Board said in its Winter Energy Outlook that prices in Alberta are expected to range between C$2.75 per gigajoule ($US2.60 per million British thermal units) and C$3.25 per GJ, while prices at Henry Hub in the US will average between US$3.50 and US$4.00 per MMBtu, the report said. Energy companies are hoping to participate in up to half-a-dozen Canadian LNG export projects.

Last modified on Thursday, 15 November 2012 05:48
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