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Canada’s domestic LNG opportunities abound, meeting told – JWN

by ahnationtalk on December 13, 201956 Views

Dec. 13, 2019

While Canadian LNG projects have focused on large-scale exports, there is also a tremendous opportunity in Canada for LNG that could replace diesel in remote areas and provide cost savings and lower emissions in oil and gas operations, an LNG conference heard Wednesday.

Canada burns approximately 6.3 million gallons of LNG a year to fuel its remote communities compared to the 340 million gallons of diesel a year burned on a continuous basis for the same purpose, said Thomas Elwell, chief executive officer and director of KATE Energy Inc. The company provides power solutions to remote Indigenous communities and remote large industrial users such as mines.

“If you take CO2 as the leading initiative at the federal level, we are throwing 7.7 billion tonnes into the air as a result of this diesel burn whereas if it were LNG … we’d be cutting that burn by 2.2 billion tonnes/year,” he said in a panel discussion.

The session on Wednesday was held to discuss lessons learned from recent London and Tokyo conferences on LNG investment. The events were organized on behalf of the Government of Alberta by Glacier Media (the parent company of JWN Energy) and the Canadian Society for Unconventional Resources (CSUR).

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