CALGARY — The approval of Canada’s first LNG export terminal is expected to boost investor confidence in Western Canada’s natural gas sector. The approval of Canada's first LNG export terminal is expected to boost investor confidence in Canada's natural gas sector, industry observers say. “(LNG Canada) is something which is definitely a positive sentiment boost for the industry,” King said. “It certainly gives producers something to hang their hats on.” Andy Calitz, the CEO of LNG Canada said Tuesday the LNG plant that’s planned shows the way forward. The LNG Canada decision is expected to encourage other proposed project proponents to make investment decisions.

Source: thestar October 02, 2018 18:33 UTC