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Canada can become the world's 3rd largest LNG exporter by 2050, boosting economy and cutting emissions, study says

Market News
12 Nov 2026, 13:53 WIB
PRNewsWire
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Bullish
Canada can become the world's 3rd largest LNG exporter by 2050, boosting economy and cutting emissions, study says

A new S&P Global Energy study finds Canada could become the world's third largest LNG exporter by 2050, supporting 250,000 jobs annually and contributing C$888 billion to GDP. Achieving 100 million metric tons per annum (MMtpa) of LNG exports would also reduce global carbon emissions equivalent to removing 10 million gasoline cars yearly. Canada's abundant low-cost gas resources, low emissions, and dual-coast shipping routes provide strong advantages, though challenges like permitting delays, policy instability, and infrastructure needs remain. Accelerated development is urgent as global LNG market opportunities may shrink after 2027. The study highlights the need for streamlined permitting, stable policies, and partnerships to realize this potential.

Canada's LNG export ambitions provide context for energy markets. For readers following energy stocks, here is Pluang's market snapshot as of Nov 12, 2026 18:11 WIB: of 79 priced energy-sector US stocks, 35 rose and 39 fell. Notable movers include KOS at USD 2.08 (+1.96%), CRGY at USD 11.42 (-1.64%), and NXT at USD 99.00 (-1.58%).

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