A tanker carrying Canada’s first major shipment of liquefied natural gas has arrived at a South Korean port, ushering in a new era for Canadian energy exports that some had feared would never come, as the country’s natural gas reaches new buyers in premium Asian-Pacific markets.
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On one hand, diversified trade is great.
On the other hand, more fossil fuels.
I don’t want any more fossil fuels either, but I’d rather be exporting in LNG/LPG than in crude or bitumen through pipelines.
The question is what is the LNG displacing in the local markets. If it was coal then its a small step in the right direction.
LNG is better than tar sand crude.
About damn time.
