Canada Targets Record-Breaking LNG Production: 100 Million Tonnes by 2030
Canada's Minister of Energy and Natural Resources, Tim Hodgson, recently made bold claims about the country's potential for liquefied natural gas (LNG) production. He stated that Canada could become one of the largest suppliers of LNG in the world, with a target of producing as much as 100 million tonnes per annum by 2030.
This figure is significantly higher than the current and planned capacity of Canada's LNG projects, which stands at 34.8 million tonnes per year. Even if expansion plans proceed, output capacity would only reach 46.65 million tonnes per year, still short of Hodgson's target.
So, where will the remaining 53.35 million tonnes come from? The source does not provide a clear answer, but mentions several projects that are in development or have been proposed, including LNG Canada's Phase 2 expansion and the Énergie Saguenay project in Quebec.
Hodgson's comments were made during a recent visit to India, where he discussed trade, minerals, and LNG with leaders. However, none of his interlocutors cited any numbers or provided support for his claims.