NEB: Canada a ‘late entrant’ to global LNG market

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By LNG World News Canada is a “late entrant” to the global liquefied natural gas market and the next several years will be critical to the development of the Canadian LNG industry, according to a new report released by the country’s National Energy Board (NEB).
The report, titled Canada’s Role in the Global LNG Market, looks at changing LNG market dynamics, including lower prices and fierce competition.
This has created uncertainty among all LNG projects, including those proposed in Canada, the report said.
Global LNG demand has been growing, especially in Asia and parts of Europe. Most near to medium-term increases in global LNG supply to meet

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