Last week, natural gas prices rallied about 6.9% in what was the best 5-day period since the middle of June. Yet, despite this performance, you can barely notice a change in meaningful trend on the daily chart below. The heating commodity remains broadly range-bound ever since prices stabilized around November. While natural gas eventually broke above the falling trendline from August, meaningful upside progress has been lacking. Broadly speaking, the heating commodity remains stuck in a broad range between 1.967 and 3.027. Until a breakout is seen in either direction, the technical outlook remains mostly neutral. Source - https://www.dailyfx.com/analysis/natural-gas-price-technical-outlook-best-week-since-mid-june-where-to-20230723.html Other links and sources: LNG - https://www.reuters.com/sustainability/climate-energy/naturgys-profit-rises-lng-gains-soothing-shareholders-2023-07-24/ Hydrogen - https://www.spglobal.com/commodityinsights/en/market-insights/blogs/energy-transition/072423-renewable-natural-gas-and-hydrogen-fuels-of-the-future-for-transportation-decarbonization Capital Spending - https://financialpost.com/globe-newswire/tc-energy-partners-with-global-infrastructure-partners-through-5-2-billion-sale-of-a-40-per-cent-equity-interest-in-columbia-gas-and-columbia-gulf Natural Gas - https://www.thenationalnews.com/business/comment/2023/07/24/geopolitical-uncertainty-triggers-shift-in-global-gas-corridors/ LNG / Mexico - https://www.lngindustry.com/liquid-natural-gas/24072023/mexico-pacific-and-government-of-sonora-sign-collaboration-agreement/ Canada and Natural Gas - https://www.jwnenergy.com/article/2023/7/24/managing-in-volatile-commodity-markets/ ESG and Natural Gas - https://www.onegas.com/news/press-release-details/2023/ONE-Gas-2023-ESG-Report-Highlights-Progress-on-Emissions-Reduction-and-Industry-Leading-Safety/default.aspx Grid - https://indianacapitalchronicle.com/2023/07/24/winter-is-coming-and-the-u-s-grid-remains-vulnerable-to-power-plant-failure/

1. WHAT’S NEXT FOR NATURAL GAS
Paul Young CPA CGA
Senior Customer Success Manager – Data and AI
July 24, 2023

2. PAUL YOUNG CGA CPA
SENIOR CUSTOMER SUCCESS
MANAGER – DATA AND AI
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – ESG and Sustainability Reporting
and policy development
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: paul_young_cga@outlook.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

3. AGENDA
• Natural Gas Market Outlook
• Natural Gas Power Generation
• Top Exporters of Natural Gas
• Conference Board / Natural Gas
• LNG / China
• LNG / Market Outlook
• Natural Gas Reserves
• Natural Gas / Power Generation
• Canada / LNG
• Power Generation
• What’s needs to be done

4. NATURAL GAS MARKET OUTLOOK
Source - https://www.eia.gov/outlooks/steo/ or https://www.forbes.com/sites/judeclemente/2019/12/01/6-keys-for-the-
natural-gas-market-into-2020/#4f1684587586
Source -
https://markets.businessinsider.com/co
mmodities/natural-gas-price

5. NATURAL GAS POWER GENERATION
Source - https://www.indexmundi.com/g/r.aspx?t=10&v=137

6. TOP EXPORTERS OF NATURAL
GAS
Source -
https://www.indexmundi.
com/g/r.aspx?t=10&v=1
38
https://www.cer-rec.gc.ca/en/data-analysis/energy-commodities/natural-gas/report/natural-gas-summary/natural-gas-annual-trade-summary-2019.html Source – BMO

7. COMMODITIES

8. TOP EXPORTERS
OF NATURAL
GAS
Source -
https://www.statista.com/statist
ics/274528/major-exporting-
countries-of-lng/

9. LNG / CHINA
Source -
https://oilprice.com/Energy/Na
tural-Gas/US-Is-The-
Surprising-Winner-In-Chinas-
LNG-Market.html

10. LNG MARKET
Source - https://www.globenewswire.com/news-
release/2020/06/09/2045905/0/en/Small-Scale-LNG-Market-Size-By-2019-to-2026-
Strong-Revenue-and-Competitive-Outlook-By-Top-Leaders-Honeywell-
International-Inc-Linde-plc-W%C3%A4rtsil%C3%A4-General-Electric.html

11. NATURAL GAS
RESERVES
Source -
https://www.indexmundi.com/g/r.as
px?t=10&v=98 or
https://www.statista.com/statistics/4
84821/canadian-region-natural-
gas-reserves/

12. NATURAL
GAS / POWER
GENERATION
Source -
https://www.eia.gov/todayin
energy/detail.php?id=42497

13. CONFERENCE BOARD / NATURAL GAS
Source - https://www.conferenceboard.ca/e-library/abstract.aspx?did=10763 and https://www.canadianmanufacturing.com/environment-and-
safety/canadas-liquefied-natural-gas-industry-expected-to-create-new-job-opportunities-experts-257917/

14. CANADA / LNG
• Slower demand along with hijacking of government by environmentalist - https://www.worldoil.com/news/2020/3/6/canada-s-lng-
dreams-fade-as-blockades-add-new-costs-to-industry
• BC projects still going strong - https://www.jwnenergy.com/article/2019/10/lng-canada-ramping-project-marks-one-year-construction/
• Australia and USA have jumped ahead of Canada in terms of LNG exports - https://www.jwnenergy.com/article/2019/12/canadian-lng-
global-opportunity-global-competition/
• “Legendary investor Warren Buffett’s decision to walk away from a proposed export terminal for liquefied natural gas in Quebec is
being held up in a new report as a sign that the LNG sector in Canada and elsewhere is on shaky ground. The Global Energy Monitor
report released Monday says Buffett’s move in March underscores the growing political and economic uncertainty that LNG projects are
facing even as governments around the world tout liquefied natural gas as a clean alternative to coal power.
”https://globalnews.ca/news/7146108/lng-canada-future-report/
• Canada needs to focus on its policies, i.e. environment, taxation, trade/FIPA, etc. -
https://www.kallanishenergy.com/2020/06/17/canadian-lng-alliance-launched-to-spearhead-lng-development-projects/

15. RICHEST PER CAPITA INCOME
COUNTRIES
Source -
Source - https://www.indexmundi.com/g/r.aspx?v=67
• Qatar is world leader with both natural gas and oil - https://www.fitchratings.com/research/sovereigns/fitch-
affirms-qatar-at-aa-outlook-stable-24-06-2020 . Qatar has a lot of issues with human rights -
https://www.amnesty.org/en/countries/middle-east-and-north-africa/qatar/report-qatar/
• Many of the high per capita countries are tax havens - https://www.taxjustice.net/2019/05/28/new-ranking-
reveals-corporate-tax-havens-behind-breakdown-of-global-corporate-tax-system-toll-of-uks-tax-war-exposed/

16. TECHNOLOGY AND NATURAL GAS
• Data and AI - https://www.ibm.com/industries/oil-gas/big-data-analytics
• Safety Analytics - https://www.ibm.com/thought-leadership/institute-business-value/report/ogrevolution
• Capacity Planning - https://revelwood.com/using-ibm-cognos-tm1-capacity-planning-oil-gas-industry/

17. POWER GENERATION / KEY COUNTRY –
Source - https://www.iea.org/reports/monthly-oecd-electricity-statistics

18. NATURAL GAS / CANADA

19. NATURAL GAS / CANADA

20. TIP: ESG AND BIODIVERSITY
Blog – How Data and AI can provide better analysis on Biodiversity as part of managing mining, powerlines, forestry, oil, and gas -
https://www.linkedin.com/posts/paul-young-055632b_geological-data-management-software-gim-activity-7089169170205999104-
8cOo?utm_source=share&utm_medium=member_desktop
-
ESG Tip –How to leverage Data and AI as part of reducing impact of projects on Biodiversity.
Managing the impact of policy on biodiversity is key part of ESG reporting. acQuire has develop a solution that help
chart out projects that may impact the biodiversity. Both public and private sector want to mitigate the impact of their
various projects on biodiversity.
acQuire - https://www.acquire.com.au/products/gim-suite/
*** Tip – Key will be how best to integrate the data from software developers like acQuire along with other geospatial
data and data sources into a template as part of calculating costs to reduce the biodiversity impact of various projects.
Here is my Blog – ESG and Sustainability – Biodiversity Capturing and Reporting -
https://www.linkedin.com/posts/paul-young-055632b_what-is-biodiversity-and-how-does-it-affect-activity-
7038115093066223617-CUHj?utm_source=share&utm_medium=member_desktop

21. ESG
Blog – Strong ESG practices can benefit both Private and Public Sectors and their Stakeholders -
https://www.nasdaq.com/articles/strong-esg-practices-can-benefit-companies-and-investors-2019-03-13
1.Strong ESG programs can increase stock liquidity.
2.ESG initiatives can unlock competitive value.
3. A proactive stance on ESG issues can keep activists at bay.
4.ESG Investors are "stickier."
5.Companies that espouse strong ESG values tend to attract and retain the best talent.
Best Practices areas
a) Identify the appropriate ESG criteria for your industry and your company.
b) Pursue inclusion within relevant ESG indices.
c).Tell your story and stay true to it.
I will add that aligning data with the ESG policies is extremely critical part of the overall ESG regulatory and operational cycles. Both private and public sector
enterprises continue to look at ways to manage ESG data in near-real-time-reporting. Pushing data out to devices will become a key part managing the
various ESG metrics.
Here are key links that can assist your ESG data journey as part of your regulatory and operational reporting cycles:
Key Environmental Areas – https://www.linkedin.com/posts/paul-young-055632b_7-environmental-factors-for-esg-reporting-activity-7071476082784276480-
EYDt?utm_source=share&utm_medium=member_desktop
Blog – Ways that Scenario Planning is Essential for your Business Plan - https://www.linkedin.com/posts/paul-young-055632b_6-ways-scenario-planning-is-
essential-for-activity-7086384141918752768-P7cE?utm_source=share&utm_medium=member_desktop

22. WHAT’S NEXT
• Natural gas continues to see wild
swings
Blog – What is next for Natural Gas – July 2023
Last week, natural gas prices rallied about 6.9% in what was the best 5-day period since the
middle of June. Yet, despite this performance, you can barely notice a change in meaningful
trend on the daily chart below. The heating commodity remains broadly range-bound ever since
prices stabilized around November.
While natural gas eventually broke above the falling trendline from August, meaningful upside
progress has been lacking. Broadly speaking, the heating commodity remains stuck in a broad
range between 1.967 and 3.027. Until a breakout is seen in either direction, the technical outlook
remains mostly neutral.
Source - https://www.dailyfx.com/analysis/natural-gas-price-technical-outlook-best-week-since-
mid-june-where-to-20230723.html
Other links and sources:
LNG - https://www.reuters.com/sustainability/climate-energy/naturgys-profit-rises-lng-gains-
soothing-shareholders-2023-07-24/
Hydrogen - https://www.spglobal.com/commodityinsights/en/market-insights/blogs/energy-
transition/072423-renewable-natural-gas-and-hydrogen-fuels-of-the-future-for-transportation-
decarbonization
Capital Spending - https://financialpost.com/globe-newswire/tc-energy-partners-with-global-
infrastructure-partners-through-5-2-billion-sale-of-a-40-per-cent-equity-interest-in-columbia-
gas-and-columbia-gulf
Natural Gas - https://www.thenationalnews.com/business/comment/2023/07/24/geopolitical-
uncertainty-triggers-shift-in-global-gas-corridors/
LNG / Mexico - https://www.lngindustry.com/liquid-natural-gas/24072023/mexico-pacific-and-
government-of-sonora-sign-collaboration-agreement/