CALGARY/ALBERTA: Canadian natural gas production will drop 10 percent to 13 billion cubic feet per day (bcf/day) by 2025 unless new terminals are built to enable global LNG exports, the Canadian Association of Petroleum Producers said on Wednesday.
There are 19 LNG terminals proposed for Canada's Pacific coast aimed at exporting Canadian gas to energy-hungry markets in Asia, but progress has been slow as the projects seek provincial and federal regulatory approval.
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