Canada and Mexico are emerging as new competitors for the US in supplying LNG to Asia, taking advantage of their Pacific coast access and the US's recent setbacks.
The U.S. North American neighbors are emerging as the latest competitors of the United States to ship LNG to Asia , the world’s biggest and most important LNG -importing region. While U.S. LNG development has suffered a series of setbacks in recent months, Canada and Mexico are looking to tap the growing Asia n market for the super-chilled fuel, analysts tell the Financial Times. Canada and Mexico each have several LNG export projects under construction and development.
LNG exports stood at 88 million tons. Canada has seen about a decade of delays in some LNG export projects, mostly due to permitting issues. But now it has set its sights on the Asian market with several projects, the first of which, Shell-led LNG Canada, is expected to start operations in 2025.
Liquefied Natural Gas LNG Exports Asia Canada Mexico United States Shell LNG Canada Cedar LNG
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