November 26, 2020
Natural Gas Demand Drivers
- LNG Exports are the largest growth driver for Canadian Demand. Completion of the LNG Canada’s second train moves this sector’s demand to reach 3.4 Bcf/d by 2030
- Oil Sands expansion is expected to continue to grow driving increased growth of 3.9% per year during the forecast period.
Environment Canada Performance standard for coal-fired stations results in switching to natural gas stations and increased demand.
- Ontario Nuclear 8,000 MW Refurbishment provides increased natural gas requirements over the next decade.