CALGARY, Alberta, June 10 (UPI) -- There's growing interest in liquefied natural gas production for the western coast of Canada though infrastructure is a limiting factor, executives said.
The Canadian economy depends largely on the United States for exports of its energy products. Canadian Prime Minister Stephen Harper, however, has pressed for more export infrastructure to tap into Asian markets for oil and natural gas.
Ken MacQuarrie, development manager for Canadian fuel retailer Parkland Commercial Fuels, told energy reporting website Rigzone there was a growing corporate interest in developing liquefied natural gas opportunities for Canada's west coast.
"While it is still too early to determine the degree of market penetration LNG might enjoy in Western Canada we believe that it could be significant," he said in an interview published late Friday.
Shell Canada LNG Development Director Petersen Barnaby told Rigzone the region's infrastructure didn't match its ambitions.
"There has been limited supply of LNG as there are only four gas liquefaction facilities in operation across Canada," he said. "Little of that production is commercially available."
British Columbia Premier Christy Clark in February offered more than $120 million in royalty credits for work in the natural gas sector.