Can Canada compete in LNG?

Ketih Schaeffer – publisher of the Oil and Gas Investments Bulletin – says Canada’s west coast is in a good position to export liquefied natural gas (LNG).

In an interview with the Business News Network, Schaffer says there’s lots of potential in small-scale, low cost LNG facilities popping up in British Columbia, mentioning in particular Golar LNG – a UK company that recently partnered with the Haisla First Nation on a BC project.

“We are at the vanguard of a lot of the small-sclae LNG development that’s going on in the world,” Schaeffer said.

Commenting on environmental impacts, Schaeffer says that with “much more environmentally-friendly fluids” and reduced water usage, environmental concerns won’t be an issue.

See the video here