Canadian LNG Costs To be High
The cost of to produce LNG from Canada may be projected to be a little higher that other countries however the investors are not moved. This must have been a consideration in the early stages when they were doing their feasibility studies before investing.
They are also comforted by the fact that demand will always drive the cost of the supply. The demand for LNG is almost set to grow by 50% by 2040 so this will influence the cost and Canada will already be in line to supply.
Read The Financial Post Article Here: http://business.financialpost.com/2014/11/13/iea-says-canadian-lng-costs-to-be-among-highest-in-the-world-neck-and-neck-with-australia/?__lsa=8153-5be8
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Terry Smeader
Owner at Safety Protection Warehouse
Distributor of Nomex, Flame Resistant Safety Clothing and Arc Flash Protection.
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