Subtitle:
New wave of LNG projects could bring $109 billion in investment and reshape energy exports
Content:
Canada is positioning itself for a major comeback in the global liquefied natural gas (LNG) market, with a fresh wave of projects now in various stages of planning and development. If fully realized, these ventures could represent a capital investment of up to $109 billion — a transformative boost for the country’s energy sector.
After years of delays, regulatory hurdles, and missed opportunities, optimism is returning as both domestic and international demand for LNG rises. Key projects along the British Columbia coast are gaining traction, with government and industry leaders framing LNG as a strategic opportunity to diversify exports and support global energy transition efforts.
“This is Canada’s moment to lead on clean, reliable energy,” said a senior energy executive involved in one of the proposed developments.
The renewed momentum is driven by a combination of rising global energy insecurity, demand from Asian markets, and Canada’s reputation for stable, ethical resource management. Projects like LNG Canada and Cedar LNG are already under construction or in advanced regulatory review, while others are seeking financing and environmental approvals.
If successful, these projects could create thousands of jobs, generate significant government revenue, and solidify Canada’s role in the global LNG supply chain — especially as countries look to reduce dependence on less stable producers.
Analysts say this “second shot” could redefine Canada’s energy future, but warn that speed, collaboration, and infrastructure investments will be critical in turning potential into progress.