Trudeau Makes Good on Ethical Energy to Germany

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
26,900
9,926
113
Regina, Saskatchewan

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
26,900
9,926
113
Regina, Saskatchewan
Japan's demand for liquefied natural gas (LNG) may grow by more than 10% to some 74 million metric tons by 2040 under a government scenario where the renewable energy rollout goes slower than expected, a senior industry ministry official said.

Japan's domestic LNG demand continued to fall last year, dropping by 0.4% to 66 million tons due to a weaker economy, a growing share of renewable energy, and nuclear power plant restarts.
???????????
 

petros

The Central Scrutinizer
Nov 21, 2008
114,450
13,204
113
Low Earth Orbit
Japan's demand for liquefied natural gas (LNG) may grow by more than 10% to some 74 million metric tons by 2040 under a government scenario where the renewable energy rollout goes slower than expected, a senior industry ministry official said.

Japan's domestic LNG demand continued to fall last year, dropping by 0.4% to 66 million tons due to a weaker economy, a growing share of renewable energy, and nuclear power plant restarts.
???????????
Another species in depopulation mode.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
26,900
9,926
113
Regina, Saskatchewan
In recent years, Germany, Japan, South Korea, and Taiwan have reached out to Canada begging (or requesting) natural gas only to be rebuffed or met with disappointment. Infamously, Prime Minister Justin Trudeau’s asserted that there was no “business case” for supplying LNG to the EU.
Canada's Alberta province, a major gas producer, needs to find new export markets in face of a U.S. tariff threat, and expanding in Japan is an important target, its minister of environment and protected areas, Rebecca Schulz, told Reuters.

"Given what we've seen in the United States, this is reinforcement that we need to diversify our export markets, and Japan, our already existing relationship, is going to be a key area of focus," Schulz said during an interview in Tokyo late on Wednesday.
Japan's demand for liquefied natural gas (LNG) may grow by more than 10% to some 74 million metric tons by 2040 under a government scenario where the renewable energy rollout goes slower than expected, a senior industry ministry official said.
She has been meeting officials, business lobbies and company representatives, including from JERA, Japan's top LNG buyer, JOGMEC, Japan Gas Association, chaired by a Tokyo Gas (9531.T) executive, and others, over the past week.

"Energy security is a hugely important focus for many countries, including Japan and Canada as well," Schulz said. "A lot of our conversations were about the balance of meeting energy demand."

While LNG demand in Japan overall is falling, its needs could increase if its renewable energy roll-out is too slow, a senior industry ministry official said. This week, Mitsubishi (8058.T) said it is reviewing offshore wind operations in Japan while others also warned of rising costs.
Another species in depopulation mode.
U.S. President Donald Trump and Japan's Prime Minister Shigeru Ishiba are set to meet on Friday and are expected to discuss a huge proposed Alaska LNG project, among other topics, sources said, as competition for major LNG buyers is rising.

U.S. Senator Dan Sullivan on Wednesday urged Japan and other U.S. allies in Asia to back the Alaska LNG project, warning that if they were not interested in buying the gas, strategic rival China would be. Huh, well, that’s interesting, & Trump just dropped 10% more tariffs on China to improve that relationship?

Canada is preparing to start exports to Japan later this year from the LNG Canada project where Mitsubishi is a shareholder, but the country is looking to add more export facilities.

Asked about Alberta's competitive advantages versus the U.S., Schulz pointed to a shorter shipping time compared to the U.S. Gulf Coast, and "given just geographic realities, less geopolitical risk", among other factors.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
26,900
9,926
113
Regina, Saskatchewan
Prime Minister Justin Trudeau cast doubt on the business case for exporting natural gas directly from the East Coast or Quebec to Europe – an assessment he delivered as he welcomed Germany’s Chancellor, who is in Canada seeking alternatives to Russian energy.
An opportunity, come & gone. The current government has de facto cancelled two pipelines and a dozen oil sands and LNG projects, and increase the red tape preventing not only the other others from being approved, but from even being considered.
The cost, if the regulatory system just won’t allow it to happen, becomes irrelevant, as does the timeframe for its implementation.
“I’m also pleased to announce that Japan will soon begin importing historic new shipments of clean American liquefied natural gas in record numbers,” Trump said.
Canada’s notoriously slow-moving environmental review process, which combined with federal politics, provincial politics and climate-change activism means any proposal faces the prospect of swimming through molasses. Ottawa’s decision in February to quash Énergie Saguenay came eight years after the project was launched.
“We know the world is moving aggressively, meaningfully towards decarbonization, towards diversifying,” Trudeau said in January 2023.
In recent years, Germany, Japan, South Korea, and Taiwan have reached out to Canada begging (or requesting) natural gas only to be rebuffed or met with disappointment. Infamously, Prime Minister Justin Trudeau’s asserted that there was no “business case” for supplying LNG to the EU.
While meeting with Japanese Prime Minister Ishiba Shigeru on Friday, the U.S. President mentioned several trade initiatives with Japan – but specifically exporting liquified natural gas to Japan.

This is the very deal Japan asked Canada for two years ago, in an attempt to wean their country off of Russian and Middle Eastern products. Trudeau refused their request, but on Friday, Trump boasted of what he says will be a great deal for America. Well, Japan is finally getting what it’s been looking for.
On Monday, multiple conservative politicians were saying it wasn’t so much the logistical cost of laying down hundreds of kilometres of LNG pipeline, but the “onerous” regulatory procedures of doing so.

“With massive natural gas reserves, Canada can no longer wait on the LNG sidelines, burdened by an onerous regulatory system. Our allies and trading partners need us. We must have more LNG export facilities approved and built,” read a Monday statement by Alberta energy minister Brian Jean.
This could have been Canada’s deal, a deal that would have been beneficial for all. Yet, when Trudeau was asked by then Japanese Prime Minister Fumio Kishida to consider a similar deal, the answer was no.
This week, the U.S. government announced that they were officially the world’s largest exporter of LNG in 2023. Every single day that year, U.S. ports exported the equivalent of 11.9 billion cubic feet of liquid natural gas. At current prices, that’s about $82 million worth of gas each day.
But…there’s no business case, right?
When asked whether Poland would be interested in Canadian LNG, Duda said “of course, yes.” Oh well.

Duda is the latest European leader who has said they’d likely purchase Canadian LNG if it were available; Greek Prime Minister Kyriakos Mitsotakis also told Kapelos in an exclusive CTV’s Question Period interview last month that his country would “of course” be interested in the product.
Donald Trump is offering Japan something that Canada, under Justin Trudeau, refused to and we will be poorer because of it.
In that same year, Canada’s LNG exports were the same as they’ve always been: Zero. There are no LNG ports on the Atlantic Coast, and no solid plans to build one. Of two LNG ports under construction in B.C., the first won’t be open until 2025.
2025…so far into the future…Will there be flying cars in 2025? World peace? A mini-nuclear reactor in every garage? Trudeau and his Liberal Party are wedded to “decarbonization” that they would rather leave Canada’s natural resources in the ground that export them for good. If Canada had more (or any) export terminals for LNG, we could not only replace Putin’s war funding, we could have replaced coal with a cleaner burning fuel. Oh well.