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Canadian oil quality in question, Canadian LNG can’t compete in Europe: experts

With the European Union’s fuel directive still generating some concern in the oil industry, say experts, the opportunity to export crude from Alberta’s oil sands is ambiguous. But things become trickier when it comes to natural gas, added experts, because a market for Canadian natural gas may not even exist as it does elsewhere.

    Canada may be years away from having the infrastructure needed to export substantial volumes of energy to Europe, but experts say the European Union’s treatment of Canadian oil and Canada’s inability to strongly compete with Russia also stands in the way. The House Natural Resources Committee recently looked into whether Canadian producers could contribute to energy security in Ukraine and the rest of Europe, particularly by helping Europe to diversify away from energy imports from Russia.

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