This report examines the short-and medium-term economic and profitability outlook for Canada’s Gas Extraction Industry.
Canada’s Gas Extraction Industry: Industrial Outlook Summer 2015
Canada’s Gas Extraction Industry: Industrial Outlook Summer 2015
Industry Economic Analysis
$910.00
- Production—Canadian natural gas production is expected to increase modestly over the medium term, supported by domestic demand, a levelling off of export volumes to the United States, and the potential for small-scale Canadian LNG exports.
- Demand—Demand for natural gas in Canada continues to be robust, driven by the power generation and industrial end-use sectors, mainly as a result of increasing oil sands production.
- Profitability—Industry profitability is expected to take a hit in the near term but to recover thereafter, consistent with the evolution of prices for natural gas and natural gas liquids (NGLs) over the medium term.
Customers Who Downloaded This Also Liked
10 min read
Require an accessible version of this research?
Upon request, The Conference Board of Canada offers accessible versions of research. Please contact us to request your accessible version.
Learn more about our accessibility policies.
