The document discusses trends and issues related to the natural gas industry. It notes that natural gas prices are rising in both North America and Europe. Several jurisdictions in Ontario are pushing to ban natural gas use for heating and power. As Ontario retires its Pickering Nuclear plant, it will need new sources of electricity, likely natural gas power generation. Europe is also seeking new sources of natural gas to replace supplies from Russia. The future of Canada's natural gas industry and liquefied natural gas exports is uncertain, with projects facing regulatory and economic hurdles. Technological advances may help the industry with data analytics and safety improvements.

1. WHAT’S NEXT FOR NATURAL GAS
Paul Young CPA CGA
July 22, 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 and
https://www.slideshare.net/paulyoungcga/natural-resources-canada-whats-next-may-2022pptx
• 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
Sarnia natural gas,
hydrogen power plant facing opposition CTV News.pdf
Natural gas, fueling
the transition TotalEnergies.com.pdf
Ontario seeks new
electricity generation CTV News.pdf
Natural gas prices
rising in US, dampening hopes for lower inflation Gas The Guardian.pdf
The Companies
Taking Advantage Of America’s LNG Boom.pdf
Canadian firm
applies to build $10-billion Jordan Cove LNG project in Oregon - Energy News for the Canadian Oil & Gas Industry EnergyNow.ca.pdf
Trudeau says Canada
looking at supplying energy to Europe CTV News.pdf
Global oil and gas
megaprojects going ahead while Canada's emissions plan threatens industry's future - Canadian Energy Centre.pdf
Freeport LNG plant
pulls in natgas to produce power for Texas Financial Post.pdf
Can Europe replace
Russian gas with Nord Stream 1 supply reducing .pdf
Green hydrogen
prices have nearly tripled as energy costs climb S&P Utility Dive.pdf
Nuclear power
station shut downs will leave Ontario relying on gas to generate electricity Globalnews.ca.pdf
Summary:
Natural gas prices continue to rise
30 municipalities in Ontario are pushing for a ban of natural gas
Ontario is set to retire Pickering Nuclear station and needs to find new power sources
EMEA is desperate for new natural gas sources.
1. Natural gas prices - https://www.theguardian.com/business/2022/jul/21/natural-gas-prices-
rising-us-inflation
2. LNG - https://ca.finance.yahoo.com/news/companies-taking-advantage-america-lng-
000000486.html
3. Oregon - https://energynow.ca/2017/09/canadian-firm-applies-to-build-10-billion-jordan-cove-
lng-project-in-oregon/
4. Canada - https://www.ctvnews.ca/politics/trudeau-says-with-russia-weaponizing-energy-
canada-looking-at-how-to-supply-europe-1.5997363
5. Energy - https://www.canadianenergycentre.ca/global-oil-and-gas-megaprojects-going-ahead-
while-canadas-emissions-plan-threatens-industrys-future/
6. Texas - https://financialpost.com/pmn/business-pmn/freeport-lng-plant-pulls-in-natgas-to-
produce-power-for-texas
7. EMEA - https://indianexpress.com/article/explained/explained-can-europe-live-without-russian-
natural-gas-8044113/
8. Hydrogen - https://www.utilitydive.com/news/green-hydrogen-prices-global-report/627776/
9. Power - https://globalnews.ca/news/8949102/nuclear-power-pickering-gas-environment-
electricity-ontario-ford/ or https://london.ctvnews.ca/sarnia-area-power-plant-facing-
environmental-opposition-1.5992402 or https://totalenergies.com/company/identity/multi-
energy-offer/natural-gaz https://toronto.ctvnews.ca/ontario-seeks-new-electricity-generation-
as-demand-rises-nuclear-plant-to-be-retired-1.5990983
10. Natural gas - https://www.reuters.com/business/energy/us-pipeline-companies-eye-nat-gas-
infrastructure-growth-2022-07-20/

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