January 2, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Natural gas prices across Canada touched historic lows in 2024, amid strong production and high inventories in Alberta and British Columbia. Nonetheless, forward markets indicate a steep jump in prices in the coming year is quite possible, as residential and industrial power demand grows, along with liquefied natural gas (LNG) exports. Canada's biggest producers are responding with a host of expansion plans. Industrial Info is tracking more than US$2.4 billion worth of natural gas production projects that are set to kick off across Canada in the first quarter, more than 70% of which is to be found in Alberta. The biggest producers are ARC Resources Limited, Paramount Resources Limited, CSV Midstream Solutions and Keyera Corporation. Other companies featured: Ovintiv Incorporated (NYSE:OVV)
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