Canada’s LNG imports hit all-time low

Canaport LNG’s storage tanks (Image: Canaport LNG)

Canada’s imports of liquefied natural gas (LNG) reached an all-time low last year since the country started importing the chilled fuel in 2009, according to the National Energy Board.

Canada imported only four LNG cargoes in 2016, equivalent to about 329 million cubic meters (11.6 Bcf), the NEB data showed.

The country imports LNG via the Repsol-operated Canaport terminal in Saint John. All of the 2016 cargoes were imported by Spain’s Repsol under short-term deals.

Three of those cargoes were delivered from Trinidad’s Point Fortin LNG export plant while one cargo came from Statoil’s Hammerfest LNG plant in Norway.

The NEB did not provide information on prices saying the information was confidential as the regulator only requires prices to be publicly disclosed for LNG imported under long-term deals.

Canada also imports LNG via trucks from the United States. In 2016, the country’s trucked LNG imports totaled about 68 million cubic meters of gas, down by almost 92 percent from 2015.

All the 2016 trucked LNG imports were imported through the province of Saskatchewan and handled by Cryopeak LNG Solutions, according to the NEB data.

 

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