Talisman Energy has given the strongest indication yet it will liquefy western Canadian unconventional gas assets for export.
The Canadian oil and gas independent, which earlier this year ditched plans for a gas-to-liquids project for its Montney resource, said LNG is now the “more likely” exploitation option.
“We’ve always said we have a very large, very strategic resource in the Montney,” said chief executive John Manzoni.
“It can always go down a pipe but I think our view is that it is… big enough, it’s strategic enough, it’s material enough to be in some form of conversion process, which naturally now is more likely to be LNG than GTL.”
The company has been in a number of discussions around LNG, he added.