In today's competitive LNG market, Atlantic Canada's pipeline infrastructure is not enough to attract investors' attention and secure long-term supply contracts, said EY in the latest edition of East Coast Offshore. According to the quarterly report, players in this market must focus on tax treatment and structure to avoid unnecessary costs and succeed in the long term.
New projects, including a growing number of LNG export project candidates, could expand Atlantic Canada's energy infrastructure – but companies must be prepared.
The quarterly report highlights emerging legislative, regulatory and competitive issues affecting Atlantic Canada's oil and gas industry. In this edition sections and examples are available on the following:
- New projects bring promise of growth and new markets.
- Regulatory changes as the largest operational challenge for oil and gas projects.
Adapted from press release by Ted Monroe