Canada has so far missed the boat on LNG, said Enbridge\u0027s new chief executive, with investment flowing to the U.S. Gulf Coast. Read on.
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Greg Ebel, who took the reins from outgoing Enbridge chief executive Al Monaco last month, says the company’s pipelines currently supply natural gas to five operating LNG export facilities on the U.S. Gulf Coast.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
Progress is being made, with LNG Canada’s massive LNG export terminal under construction near Kitimat, B.C., and Enbridge’s own Woodfibre LNG — a partnership with Singapore’s Pacific Energy Corp. — also approved.But Ebel says Canada needs to do more to accelerate energy infrastructure development. He says investors need stability and certainty, and Canada’s failure to provide is one reason LNG investment has flowed to the U.S. Gulf Coast instead.
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