Interview with Mark Fitzgerald, President & CEO of PETRONAS Canada

Gastech Insights spoke with PETRONAS Canada's President and CEO, Mark Fitzgerald, at 2019's Canada Gas & LNG Exhibition and Conference in Vancouver, 21-23 May.
Watch the video to discover what Canadian LNG export means for the global industry and what the new LNG facilities and associated routes mean for Canadian natural gas.
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Canada is the world’s fourth-largest natural gas producer and already is the fifth-largest exporter of the fuel. While the country only ranks 17th globally in natural gas reserves, that’s still enough to maintain current production levels for as many as 300 years. The industry seemed poised to capitalize on those advantages when LNG Canada’s investors, which also include Malaysia’s Petroliam Nasional Bhd., Mitsubishi Corp., PetroChina Co. and Korea Gas Corp., announced they’d proceed with the project. The C$40 billion ($29.8 billion) facility in Kitimat, B.C., represented the largest private-sector investment in the country’s history, and, given the support that it had received from all levels of government, the decision sparked optimism that more facilities may follow. Canada has another disadvantage, and that’s the regulatory environment, which makes it harder for projects to go through.