LNG exports: ‘Win, win, win.’

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Our latest newsletter:

Our Alliance CEO, Karen Ogen-Toews, on exporting Canadian LNG to Europe: “Canada is selling its natural gas to the United States for $3, they’re turning around and making it into LNG and selling it for $10. . . . We need to get on board.

“Trudeau talks about selling a better business case. Well, from my perspective, if we have the business model that another country wants (LNG) and . . . if it’s going to be bringing revenue to Canada, supporting the provinces and Indigenous people, it’s win, win, win, across the board. So I don’t know what other better business case we need to build. It’s here, we have it, we just need to get on board and just sell it.”

This in a panel discussion hosted by the Public Policy Forum, with Forum CEO Ed Greenspon, Bryan Cox of the Canadian LNG Alliance, and Janice Stein of the Munk School of Global Affairs and Public Policy at the University of Toronto.

Karen also said: “Right now, we have an LNG project on the east coast with the Miawpukek First Nation, the Newfoundland and Labrador project, which, I think, has an opportunity to ship our natural gas to European countries.  . . . Whether it’s on the east coast or the west coast, Canada’s in a very good position to supply natural gas to other countries.”

Research brief: Canada’s LNG opportunity

As national political debate continued over the potential for LNG exports to Europe, Alberta’s Canadian Energy Centre took a look at long-term world supply and demand for LNG — and had good news for Canada:

  • “Global LNG demand is expected to grow from 385 mtpa (million tonnes per annum) in 2021 to 733 mtpa by 2035, a jump of over 90 per cent in the next decade and a half.”
  • “Global LNG supply . . . is forecast to increase to nearly 698 million tonnes per annum (mtpa) by 2035, a jump of about 83 per cent.”
  • “With the inherent advantages of access to low cost feed-gas, shorter shipping distances, and a low emissions-intensity footprint, Canadian LNG is well positioned to act as a secure and reliable supplier of LNG to a world where demand for LNG is growing at rapid pace.”

But the research report’s headline posed a key question: “Will Politics & Policies Allow Canada to Develop this Global Resource?”

‘How did things get so bad, so fast?’

The Resource Works Society weighed into the LNG debate with this: “After the Russian invasion of Crimea in 2014, Canada was advised to work on LNG. So when Ottawa questioned the business case in 2022, experts were flummoxed.”

Stewart Muir and Margareta Dovgal of Resource Works took a look at Canada and the energy crisis:

“Ottawa is abuzz with stories of how Canadian allies in Europe are starting to panic over energy, with entreaties to Canada to do more and even wondering if such an unreliable friend belongs in the G7. It must be incredibly frustrating as these countries face a humanitarian disaster this winter to see their requests for help be airily dismissed by politicians hemmed in by radical political strategies, unable to acknowledge even the most fundamental truths about our energy needs as a civilization.”

The commentary concluded: “Natural resources are not incidental to our exceptional quality of life. They are the foundation. They are the way to ensure a future for Canada where we all thrive, combat climate change, develop high-impact science and technology exports, and make a better world possible.
• Read it here: http://ow.ly/Qfkc50KG5kV

And from energy commentator Michael Shellenberger: “Many think we will subsidize our way to renewables, but we won’t, for inherently physical reasons. Sunlight and wind are too energy-dilute. Solar/wind projects need ~300x more land, 300% more copper, and 700% more rare earths than fossil fuels, making them prohibitively expensive.”

ALSO IN THE NEWS

  • Our Alliance CEO, Karen Ogen-Toews: Canada is well-positioned to ship natural gas to Europe, including a proposed LNG project in NL with First Nations involvement: Watch here: http://ow.ly/FSRp50KC7JQ
  • Alliance chair Crystal Smith and CEO Karen Ogen-Toews are among the 500 most influential business leaders in BC, named by Business in Vancouver. See more: http://ow.ly/nanO50KlkvM And here: http://ow.ly/eZ0Q50KlkvK
  • What was once home to hundreds of Coastal GasLink workers, Vanderhoof Lodge, has now been restored into viable farmland. Read more: http://ow.ly/uIQ150KIutP (With video)
  • Global LNG demand is expected to rise over 90% by 2035, and Canada has an important supply opportunity: http://ow.ly/Ul0Y50KFshx
  • From Canada Action: Is there a ‘business case’ for Canadian liquefied natural gas? Just ask these 12 countries: http://ow.ly/LzKX50KGk7v
  • And Enbridge CEO Al Monaco calls it:

DATES

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Join our webinar Tuesday Sept. 20

• LNG to Europe? What opportunities are there for First Nations? Join Indigenous leaders in our webinar, Sept. 20, 10am – 11:30am Pacific, via Zoom. You can register here.

ALSO

  • Nation2Nation announced that its community session at Terrace Sept. 21 and 22 will be held at the Thornhill Community Centre, across the Skeena River from Terrace. Info/register: events.eply.com/Nation2Nation. You’ll see there that Indigenous attendees are eligible for a discount, and see how to get your discount code. You can also register there for the Prince Rupert community session Oct. 19 and 20.
  • LNG Canada has set three Community Open House events to share news and information about the project: Kitamaat Village Sept. 27, Terrace Sept. 28, and Kitimat Sept. 29. Read more: https://lnkd.in/eWCamRJD
  • Coming up Sept. 27: Resource Works hosts a lunch in Vancouver where you can hear from renowned energy economist and author Peter Tertzakian of ARC Energy Research Institute. Info/register: http://ow.ly/RqB650KG5zH

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(Posted here 18 Sept. 2022)

First Nations LNG Alliance Newsletter