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- Western Canadian natural gas prices remain low due to oversupply, prompting some producers to delay or reduce production until LNG Canada’s opening in mid-2025.
- LNG Canada is anticipated to boost demand, yet experts caution that sustained pricing relief might be short-lived if oversupply issues reemerge.
- Analysts highlight the importance of production discipline to stabilize long-term prices.
Canadian Natural Gas Producers Hopeful but Cautious as LNG Canada Nears Operation
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