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Despite Challenges in 2008, NEB Remains Optimistic About Long-Term LNG Prospects

Canada’s National Energy Board (NEB) released an Energy Market Assessment yesterday entitled “Liquefied Natural Gas, a Canadian Perspective,” which notes that the difficult global economic conditions will likely reduce the short-term demand for LNG in th
February 24, 2009

Canada’s National Energy Board (NEB) released an Energy Market Assessment yesterday entitled “Liquefied Natural Gas, a Canadian Perspective,” which notes that the difficult global economic conditions will likely reduce the short-term demand for LNG in the North American market. However, the analysis also predicts that in the long-term, economic recovery and alternative energy policies may lead to an increase in North American LNG imports.

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