Canada’s energy industry and the regulators that oversee it need to get serious quickly if the country expects to be a player in the global natural gas market, a panel of exploration and production (E&P) executives said this week at a conference in Vancouver, British Columbia (BC). 

lng price table

Countries across the world are scrambling for additional liquefied natural gas (LNG) supplies, especially after Russia invaded Ukraine. Competition has increased and prices have risen.

“We always seem to be, quite literally, missing the boat on this opportunity,” Peyto Exploration and Development Corp. CEO Darren Gee said Tuesday at the Canada Gas & LNG Exhibition and Conference.

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