In Brief: There’s another opportunity knocking at Atlantic Canada’s door, but the region needs to act in unison to answer it. The opportunity is Liquefied Natural Gas, or LNG, and the region needs to coordinate its approach to fully realize the potential. That’s the conclusion of AIMS’ latest paper, Casting a Cold Eye on LNG: The Real Possibilities and Pitfalls for Atlantica Canada Author Angela Tu-Weissenberger examines the LNG world, the opportunities for Atlantic Canada and the three LNG terminals proposed in the region.


LNG is natural gas cooled to -160 degrees Celsius making it a liquid, and reducing its volume by about 600 times, which takes a lot less space to transport. This liquefied gas is brought by specially designed tankers from remote locations around the world to regasification plants, converted back to the gaseous state, and then pumped into pipelines to customers.

There is so much interest in LNG that more than 50 terminals are proposed for construction in North America. Ms. Tu-Weissenberger points out that the market will determine how many will actually be built, but it will be a tiny fraction of those proposed. She says those that are first to start operation will have a first-mover advantage that will add to their viability.

Of the three proposals for Atlantic Canada, two – Canaport LNG in Saint John, NB and Anadarko at Bear Head, NS – are the first to receive environmental and regulatory approvals. The third, Keltic Petrochemicals in Goldboro, NS, is proceeding through the regulatory review process. Tu-Weissenberger says Atlantic Canada has many advantages in the race to build the newest LNG terminals, but she reaches seven conclusions on what needs to be done to get any or all three of the LNG terminals built in the region.

Ms. Tu-Weissenberger leads a consulting practice that provides strategic, economic, and competitive advice for market growth and access to capital. She is formerly Group Head of Global Energy Research at a major Canadian financial institution, where she led a team of analysts responsible for the risk assessment of energy companies for debt and project finance. She has been a natural gas markets analyst at the Alberta Department of Energy. Mr. Tu-Weissenberger is also the Calgary Editor-in-Chief for Energy Politics, a UK-based journal.

To read the complete paper, click here.