Varcoe: U.S. Pause on LNG Projects Offers Canada 'Second Chance' To Be Global Player, Says Enbridge CEO

Rhea-AI Summary

Enbridge CEO discusses Canada's potential as a global LNG player, highlighting the opportunity for expansion in the industry. The company is a partner in the Woodfibre LNG project, emphasizing the significance of Canada's involvement in the global LNG market. The press release outlines the importance of policy and support for Canada to seize this opportunity, as well as the potential benefits for the country's economy.

By Chris Varcoe

NORTHAMPTON, MA / ACCESSWIRE / January 31, 2024 / Enbridge
Originally published by Calgary Herald

After standing on the sidelines for much of the past decade while the United States transformed itself into a global LNG powerhouse, Canada now has a monumental decision to make.

Does it also want to become a serious player in the global LNG game or be a small exporter to the world?

"It's not very often that you get a second chance on an opportunity. And I think this may perhaps bode extremely well for that second chance, from a policy and support perspective in Canada - if we take advantage of it," said Greg Ebel, CEO of Calgary-based Enbridge, which is a partner in the Woodfibre LNG project.

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Cooling towers used to dissipate heat generated when natural gas is converted into liquefied natural gas are seen under construction at the LNG Canada export terminal in Kitimat, B.C. on Wednesday, September 28, 2022. Darryl Dyck/The Canadian Press

View additional multimedia and more ESG storytelling from Enbridge on 3blmedia.com.

Contact Info:
Spokesperson: Enbridge
Website: https://www.3blmedia.com/profiles/enbridge
Email: info@3blmedia.com

SOURCE: Enbridge

View the original press release on accesswire.com

FAQ

What is Enbridge's involvement in the global LNG industry?

Enbridge is a partner in the Woodfibre LNG project, contributing to Canada's potential as a global LNG player.

Who is the CEO of Enbridge?

Greg Ebel is the CEO of Enbridge, emphasizing the significance of Canada's involvement in the global LNG market.

What are the potential benefits for Canada's economy in becoming a serious player in the global LNG game?

Becoming a serious player in the global LNG game could bring significant economic benefits to Canada, as highlighted by Enbridge's CEO Greg Ebel.

How can Canada take advantage of the opportunity in the global LNG market?

Enbridge's CEO suggests that Canada can take advantage of the opportunity through policy and support, emphasizing the potential benefits of seizing this opportunity for the country's economy.