Blog – Natural Gas – What is next Qatar is looking at expanding LNG shipments Italy is working on a deal with Congo on natural gas USA continues to see increase in natural gas exports Canada continues to struggle to expand LNG capacity EU Suggests Companies Should Keep Paying for Russia Gas in Euros The continent’s benchmark gas futures were 4.8% lower, after rising as much as 5.2% earlier on Friday. Companies across Europe have been waiting for the EU’s final decision and the drop in prices signals traders expect a resolution on the payment issue can be found. Non-compliance to Moscow’s demands could result in supplies to Europe being cut off. However, large volumes of liquefied natural gas that are headed to the continent and the end of peak winter heating demand have countered some of the risks. European nations have also pushed back on the new payment terms, and potential disruptions aren’t seen as imminent with most bills due only later next month. Source - https://ca.finance.yahoo.com/news/european-gas-edges-lower-lng-085227527.html

1. WHAT’S NEXT FOR NATURAL GAS
Paul Young CPA CGA
April 23, 2022

2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• 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@hotmail.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=
138
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. CANADA KPI

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
Source – OECD

18. NATURAL GAS / CANADA

19. WHAT’S NEXT
• Post-Covid19 will require all levels of government to focus on policies that support the goods producing sector -
https://www.slideshare.net/paulyoungcga/how-best-to-reshore-supply-chains
• All levels of government need to work the private sector to streamline regulations and taxes for the natural resources sector -
https://www.slideshare.net/paulyoungcga/canada-natural-resources-forestry-sector-june-2020-whats-next
• Canada could be a world leader in LNG, but needs a government that supports development of LNG projects -
https://www.slideshare.net/paulyoungcga/2019-election-lng-natural-resources-canada-august-2019
• People want social programs which require funding. The best way to support social programs is through expansion of taxation through a
strong economy - https://www.slideshare.net/paulyoungcga/designing-social-programs-and-tax-fairness-policies
• Getting Goods to Market - https://www2.slideshare.net/paulyoungcga/goods-to-market-canada-and-the-world-december-2020
• Many cities are looking at banning natural gas - http://www.affordableenergy.ca/kitchener_council_banning_gas
• Home fuel costs - https://www.furnaceprices.ca/posts/how-the-new-carbon-tax-will-affect-canadians-heating-cooling-costs/
Blog – Natural Gas – What is next
Update Thr ee Wes t
Coas t LNG pr ojects make pr ogr es s - Context Magazine by CAPP.pdf
Mar ch LNG expor ts
r each another r ecor d - Compr es s or TECH².pdf
Ris ing Calls for US
LNG Revive Stalled Expor t Pr ojects , But at Higher Cos ts Pipeline and Gas Jour nal.pdf
Italy's Eni s igns LNG
deal with Congo.pdf
Thes e 5 countr ies
have the highes t gas pr ices WATE 6 On Your Side.pdf
Floating nuclear
power plants ar e under development Engineer ing360.pdf
Could A ‘hydr ogen
Hub’ Ener gize Utah And The Wes t To A Cleaner Futur e .pdf
Her e’s What the
EPA’s New Rule on Gas Power Plants Might Look Like - Ins ide Climate News .pdf
CEO of Top Natur al
Gas Pr oducer Sees 'Tr emendous ' Moment for U.S. Ener gy Bar r on's .pdf
Global ener gy
upheaval thr eatens year s of natur al gas s hor tages Bloomber g Pr ofes s ional Ser vices .pdf
OCTA debuts fir s t
plug-in batter y-electr ic bus es Mas s Tr ans it.pdf
Himalaya Shipping
chief s ays LNG is bes t fuel fix for 10-15 year s Lloyd's Lis t.pdf
How Texas Is
Res cuing Eur ope Fr om the Rus s ians – Texas Monthly.pdf
Qatar Explor es
Boos ting Its LNG Expans ion as Gas Demand Booms - BNN Bloomber g.pdf
Eur opean Gas Falls
After EU Guides on Paying for Rus s ian Supply.pdf
Natur al Gas Futur es
Sur ge to $7.00, Ups ide Still Seen as ‘Path of Leas t Res is tance’ - Natur al Gas Intelligence.pdf
Summary:
EU Suggests Companies Should Keep Paying for Russia Gas in Euros
The continent’s benchmark gas futures were 4.8% lower, after rising as much as 5.2% earlier on
Friday. Companies across Europe have been waiting for the EU’s final decision and the drop in
prices signals traders expect a resolution on the payment issue can be found.
Non-compliance to Moscow’s demands could result in supplies to Europe being cut off.
However, large volumes of liquefied natural gas that are headed to the continent and the end of
peak winter heating demand have countered some of the risks. European nations have also
pushed back on the new payment terms, and potential disruptions aren’t seen as imminent with
most bills due only later next month.
Source - https://ca.finance.yahoo.com/news/european-gas-edges-lower-lng-085227527.html
1. Natural gas prices - https://www.naturalgasintel.com/natural-gas-futures-surge-to-7-00-upside-
still-seen-as-path-of-least-resistance/
2. LNG - https://context.capp.ca/energy-matters/2022/update-three-west-coast-lng-projects-
make-progress/
3. LNG - https://context.capp.ca/energy-matters/2022/update-three-west-coast-lng-projects-
make-progress/
4. Raw materials - https://pgjonline.com/news/2022/april/rising-calls-for-us-lng-revive-stalled-
export-projects-but-at-higher-costs
5. Floating power plants - https://insights.globalspec.com/article/18500/floating-nuclear-power-
plants-are-under-development
6. Hydrogen - https://fuelcellsworks.com/news/could-a-hydrogen-hub-energize-utah-and-the-
west-to-a-cleaner-future/

20. TRAINING AND DEVELOPMENT
• If you like to learn more
about trade and/or other
subjects as part of your
professional learning and
development, then feel
free to review my material
on
https://www.udemy.com/
(search Paul Young CPA
CGA)
• These subjects address
how to fixed issues with
housing and/or systemic
issues related to economy
including government
policies