Sep 28, 2013 – News Today

Making deals in Alberta’s energy sector was a real gas in 2012

While North America’s natural gas industry struggles under record low prices, some of the biggest deals in Alberta’s energy sector in 2012 were all about, you guessed it, natural gas. The driver for the billions being spent is the need for major Asian and U.S. players to lock up plentiful natural gas resources that are now obtained by fracturing, also known as fracking, gas-saturated rock in deep deposits in Alberta and northeastern B.C. And the market for this gas is expected to be the new liquefied natural gas (LNG) export plants planned or proposed for the Kitimat and Prince Rupert areas in B.C. Read More