Canada is a responsible source of natural gas
Canada has some of the world’s strictest oil and gas regulations, particularly regarding environmental performance and safety. As a major producer, Canada uses a comprehensive “hybrid” regulatory system where authority is split between federal and provincial governments to ensure rigorous oversight.
Wapusk LNG
Wapusk LNG has several Competitive Advantages:
Geographic
Wapusk is 3,100 km closer to Europe than supplies from the US gulf coast
Climate
Lower ambient temperatures = less energy required to make LNG
- Yorkton -25C to 25C
- GOM 22C to 35C
Lower Cost of Gas
HH: Average USD $3.52 / MMBtu
AECO: Average USD $0.76 / MMBtu
Based on 2025 averages for Henry Hub (USA) and AECO (Canada)