Asia Ready to Tap Into Canada's Energy Reserves Japan could be the next Asian market to tap Canada’s liquified natural gas (LNG) reserves.

Prime Minister Stephen Harper met with his counterpart from Japan last week, and while no deal was reached, local media speculated that shipments could start as early as 2018.

Aside from interest in natural gas, India has also signed a deal that would allow Canadian uranium to be used in its reactor fuel.  India plans on tripling electricity production over the next decade.

India is also considering investing in the Energy East Pipeline, which has been delayed.

Asia’s strong interest leaves many to wonder why the U.S. isn’t looking for more from Canada?

Experts predict challenges on the horizon.  As natural gas prices rise there is fear that a boom scenario could materialize, with Canadian gas producers ill-prepared to respond. For more information, visit:http://oilprice.com/Energy/Energy-General/Canada-Continues-Wooing-Asian-Energy-Markets.html

By CWAN Global Press

The Canadian Wealth Advisors Network (CWAN) was established in March of 2009 as an online forum where investment professionals share ideas and best practices that allow them to meet the growing needs of their clients. As the CWAN community grew and evolved, it was expanded to serve both advisors and investors. Garnet O. Powell, MBA, CFA is the Editor-in-Chief of the Canadian Wealth Advisors Network (CWAN) magazine. He is an investment management professional with more than 20 years of experience. linkedin.com/in/garnetpowell

Leave a Reply

Your email address will not be published. Required fields are marked *

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

will use the information you provide on this form to be in touch with you and to provide updates and marketing.