Canada's LNG opportunity in the Asia-Pacific market

However, the expansion of shale All of the natural gas Canada exports is sent to the United gas production in Canada and the U. [...] and For example, Canadian natural gas prices over time, the opposite is true when comparing the Canadian with the Asian average price • In 2021, natural gas sold for US$2.80 per mmbtu on over the years, and in country-specific comparisons with the AECO-C trading hub and for US$18.60 per mmbtu Japan and South Korea. [...] K., it is the National Balancing Point supply and demand, production and exploration levels, the (NBP); in the Netherlands, it is the Title Transfer Facility (TTF); location and size of storage facilities, weather patterns, and and in the Asian-Pacific LNG market, it is the Japan/Korea buyers’ and sellers’ views of future trends. [...] - 10 - gCO2e/MJ Reliable, Cleaner and Cheaper: Canada’s LNG Opportunity in the Asia-Pacific Natural Gas Market C O N C L U S I O N Comparing the market for natural gas in the form of LNG The lower liquefaction and shipping costs coupled between Western Canada and the Asia-Pacific shows that with the lower cost of the natural gas itself in Western the price difference between Canada and Asia provid. [...] The authors and the Canadian Energy Centre would like to thank and acknowledge the assistance of two anonymous reviewers in reviewing the data and research for the initial edition of this Research Brief.