P But high development costs, including the billions needed to fund drilling programs and string thousands of kilometres of jumbo pipe across a rugged wilderness, could make it harder for Canadian projects to offer LNG prices that are competitive with their U.S. counterparts, the IGU said. “Project costs in Canada far exceed counterpart projects in the United States where the natural gas market is much more liquid,” said the organization, whose 110 members represent 95% of the world’s gas market. “Moreover, the distance between the proposed export facilities and the North American gas pipeline grid is large, and connections are small in both capacity and number.” business.financialpost/2013/08/22/canadian-lng-projects-difficult-to-justify-report-says/?__lsa=92d6-32c5
Posted on: Sun, 25 Aug 2013 20:21:54 +0000
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