There Is Real Potential for LNG in China, Says Woodside Petroleum’s CEO

The video discusses the current state of the LNG market, highlighting an oversupply due to new projects and a warmer winter, but predicts a tighter market in 2020. It explores China's growing demand for LNG, driven by the blue sky policy and potential non-traditional uses. The video also covers LNG expansion plans in Canada, emphasizing a new business model and regulatory stability. Finally, it provides an update on the Scarborough project, detailing progress, investor interest, and strategic considerations.

What factors are contributing to the positive market outlook for LNG in Canada?

How does the current business model for LNG projects differ from historical models?

What is the significance of the Scarborough project in the context of LNG?