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Originally Posted by DiracSpike
The source I found said there were 5 facilities in 2006 designed for import but now they have 8 for export with 3 under construction currently. So that's why I said a portion, and then there's much more granular measurements you could in to looking at capacity expansion etc. In the end, it's not really more than an interesting footnote. It did give the US a bit of a boost but it's hard to separate that from the macro fact that it's just straight up easier to build stuff in the US, period.
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Of the 8 current LNG Export terminals Kenai, Corpus Christi, and Cameron Parish are Greenfield LNG. However Kenai has been mothballed with plans to convert to import. About of a quarter of US LNG export capacity is Greenfield.
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Does anyone seriously think that Canada would have been able to build regas sites in the 2000's?
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Canaport LNG was built in 2008.
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So I really don't think it's relevant to comparing the respective performance between countries. Especially when the score is a complete blowout at ~13 Bcf/d to 0, and maybe three years from now it'll be 17 to 2. And Australia and Qatar also racing in front of us. Inexcusable.
The inability to build critical infrastructure in a reasonable timeframe is a Canada wide problem too. A lot of the blame lies at the feet of the Liberals because they took over at probably the exact worst time for both oil and gas but conservative governments before them could have made an effort to better this process and didn't. And if O'Toole had won the election I highly doubt he'd be doing what needs to be done in this spot and I'd be raging at him just as hard for that. As a total country we need a complete attitude readjustment about building and keeping Canada competitive and in a position to be relevant and a force for good, not the clown show we've become.
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LNG facilities are extremely expensive so if you don't sign up long-term customers then you're not going to get market investment. That said nothing stopping the Alberta or BC government from paying for it themselves.