US EditionAlberta natural gas expected to see a bump next year thanks to LNG exports: Deloitte
- Deloitte forecasts a significant rise in Alberta natural gas prices next year as LNG Canada's first West Coast export cargo ships to Asia, now operational.
- LNG Canada's first cargo shipment to Asia last week highlights a demand gap, as current drilling and spending won't meet export needs for four to seven years.
- Deloitte forecasts Alberta gas prices will rise from $1.36 per mmBTU last year to $3.50 in 2026 and $4 by 2032, driven by LNG export demand and supply shortfalls.
- Forecasted price increases will boost producer investment confidence and raise household heating costs, as summer prices remain low but are expected to rise into next year.
- Deloitte forecasts Alberta natural gas prices will remain elevated for four to seven years due to ongoing supply shortfalls and new Asian export routes via LNG Canada’s Kitimat facility.
26 Articles
26 Articles
Alberta Natural Gas Expected to See a Bump Next Year Thanks to LNG Exports: Deloitte
A new report from advisory firm Deloitte is forecasting a big jump in Alberta natural gas prices next year, with the country’s first West Coast export facility now up and running. The Alberta benchmark AECO price is expected to average $2.20 per mmBTU in the second half of this year and then rise to an average of $3.50 per mmBTU in 2026. It averaged $1.36 per mmBTU last year. By the end of the forecast in 2032, the average AECO price is expected…
Clearwater Gas System Rebrands As CGS Energy, Signaling Modernized Identity
A Century of Service, A Fresh Identity CLEARWATER, Fla. – Clearwater Gas System, a foundational utility serving the energy needs of Pinellas and Pasco Counties for over a century, today announced a significant rebranding effort, officially changing its name to CGS Energy. This update aims to reflect the company’s modernized identity while continuing its long-standing […] Clearwater Gas System Rebrands As CGS Energy, Signaling Modernized Identity
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