Canada, Mexico LNG projects target Asian markets

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New York/London | Canada and Mexico are drawing tens of billions of dollars of investment to kick-start their liquefied natural gas export industries as a permitting freeze slows the expansion of the sector in the US, the world’s biggest supplier.

Roughly $US63 billion ($94 billion) of capital investment is poised to pour into the sector in the two countries, according to consultancy Rystad Energy, including projects under construction and those awaiting final investment decisions.

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Financial Times

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Publish date : 2024-09-15 20:01:00

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