2015 Natural Gas Exports and Imports Summary

Table 1: Summary of Trade

Table 1: Summary of Trade
  2011 2012 2013 2014 2015
Volumes (Billion m³)Note a
Exports 90.4 86.8 80.9 76.3 76.0
Imports (Pipeline + LNG) 31.5 31.2 26.6 21.9 19.6
Net ExportsNote b 58.9 55.6 54.3 54.4 56.3
Volumes (Bcf/d)Note c
Exports 8.7 8.4 7.8 7.4 7.4
Imports (Pipeline + LNG) 3.0 3.0 2.6 2.1 1.9
Net ExportsNote b 5.7 5.4 5.3 5.3 5.5
PriceNote d ($/GJ)Note e
Exports 3.81 2.63 3.60 5.33 3.32
Imports (Pipeline + LNG) 4.03 2.89 3.95 6.41 3.83
ValueNote d ($ billions)
Exports 13.1 8.7 11.2 15.7 9.8
Imports (Pipeline + LNG) 4.8 3.4 4.0 5.4 2.9
Net Values 8.3 5.3 7.1 10.3 6.9

Sources: NEB Commodity Tracking System Statistics as of 18  February 2016: Gas - Monthly Summary for Year (Exports and Imports); Gas & LNG - Month & YTD Summary by Port (Imports); LNG - Shipment Details (Imports); Gas - Historical Summary of Volumes and Prices (Exports and Imports).

Export and Import Volumes

Net Exports

  • Figure 1 shows natural gas net export volumes increased 3 per cent in 2015 - from 54.4 billion m³ (5.3 Bcf/d) in 2014 to 56.3 billion m³ (5.4 Bcf/d).

Figure 1: Historical Natural Gas Trade Volumes

Figure 1: Historical Natural Gas Trade Volumes

Sources: NEB Commodity Tracking System Statistics as of 18 February 2016; Gas - Monthly Summary for Year (Exports and Imports); Gas & LNG - Month & YTD Summary by Port (Exports and Imports); and LNG - Shipment Details (Imports)

Exports

  • Figure 1 shows exports decreased 0.4 per cent from 76.3 billion m³ (7.38 Bcf/d) in 2014 to 76.0 billion m³ (7.35 Bcf/d). Most Canadian natural gas exports were sent by pipeline to the U.S.Footnote 1 There continued to be modest deliveries of LNG and compressed natural gas (CNG) exported by truck to the U.S. These volumes are not shown in Figure 1.

Imports

  • In 2015, the volume of natural gas imports decreased 11 per cent from 21.9 billion m³ (2.1 Bcf/d) in 2014 to 19.6 billion m³ (1.9 Bcf/d).
  • 19.0 billion m³ (1.8 Bcf/d), or 97 per cent, of natural gas imports, were imported into Canada by pipeline from the U.S., and approximately 0.6 billion m³ (0.06 Bcf/d), or 3 per cent of total imports, was imported as LNG.Footnote 2 In 2015, the volume of natural gas imports decreased by 18 per cent, from 26.6 billion m³ (2.57 Bcf/d) in 2013 to 21.9 billion m³ (2.12 Bcf/d).

Ontario Pipeline Imports

  • In 2015, 18.4 billion m³ (1.78 Bcf/d), or 97 per cent, of Canadian pipeline imports flowed from the U.S. into Ontario. In comparison, in 2014, 21.1 billion m³ (2.04 Bcf/d), or 99 per cent, of Canadian pipeline imports flowed from the U.S. into Ontario.Footnote 3

LNG Imports

  • In 2015, 85 per cent of LNG imports came from Trinidad and Tobago, 15 per cent from Spain, and only a small portion (0.2 per cent) came from the U.S. by truck.Footnote 4 The combined LNG import volumes, by marine vessel and truck, are shown in Figures 1 and 2.

Figure 2: Monthly Natural Gas Trade Volumes

Figure 2: Monthly Natural Gas Trade Volumes

Sources: NEB Commodity Tracking System Statistics as of 18 February 2016; Gas - Monthly Summary for Year (Exports and Imports); Gas & LNG - Month & YTD Summary by Port (Exports and Imports); and LNG - Shipment Details (Imports)

Regional Pipeline Export Volumes

Figure 3 shows yearly Canadian pipeline exports to the U.S. West, Midwest and East regions. In 2015, natural gas exports to the U.S.

  • Midwest decreased 9 per cent from 40.3 billion m³ (3.9 Bcf/d) in 2014 to 36.6 billion m³ (3.5 Bcf/d).
  • West increased 15 per cent from 26.1 billion m³ (2.5 Bcf/d) in 2014 to 30.1 billion m³ (2.9 Bcf/d).
  • East decreased 7 per cent, from 9.9 billion m³ (1.0 Bcf/d) in 2014 to 9.2 billion m³ (0.9 Bcf/d).

Figure 3: Historical Pipeline Export Volumes by Region

Figure 3: Historical Pipeline Export Volumes by Region

Sources: NEB Commodity Tracking System Statistics as of 18 February 2016; Gas - Historical Summary by Region

  • Figure 4 shows that natural gas exports to the U.S. West, on a monthly basis, increased in 2015 compared to the overall decreases in other regions.

Figure 4: 2015 Monthly Pipeline Export Volumes by Region

Figure 4: 2015 Monthly Pipeline Export Volumes by Region

Source: NEB Commodity Tracking System Statistics as of 18 February 2016; Gas - Historical Summary by Regions

Values and Prices

Exports

  • In 2015, the gross export value of natural gas decreased 38 per cent from $15.7 billion (approximately USD $14.3 billion) in 2014 to $9.8 billion (approximately USD $7.7 billion) (Figures 5 and 6).
  • The average export price in 2015 decreased 38 per cent, from $5.33 per GJ (approximately USD $5.10 per million British thermal units or MMBtu) in 2014 to $3.32 per GJ (approximately USD $2.76 per MMBtu).

Figure 5: Annual Natural Gas Trade Values and Prices

Figure 5: Annual Natural Gas Trade Values and Prices

Source: NEB Commodity Tracking System Statistics as of 22 February 2016; Gas - Historical Summary of Volumes and Prices (Exports and Imports)

Imports

  • In 2015, the gross import value of natural gas (including pipeline and LNG) decreased 46 per cent from $5.4 billion (approximately USD $4.9 billion) in 2014 to $2.9 billion (approximately USD $2.3 billion) (Figures 5 and 6).
  • The average import price of pipeline natural gas and LNG decreased 40 per cent from $6.41 per GJ (USD $6.12 per MMBtu) in 2014 to $3.83 per GJ (USD $3.18 per MMBtu).

Figure 6: Monthly Natural Gas Trade Values and Prices

Figure 6: Monthly Natural Gas Trade Values and Prices

Source: NEB Commodity Tracking System Statistics as of 22 February 2016; Gas - Historical Summary of Volumes and Prices (Exports and Imports)

Export Volumes by Long Term or Short Term Authorizations

  • Figure 7 shows the two types of regulatory instruments used to export natural gas: short term orders and long term licences. All exports of natural gas must be authorized by a long term licence or a short term order.
  • In 2015, 100 per cent of the natural gas exported from Canada was exported using short-term export orders. This is the first year since the deregulation of gas markets and prices (in 1985) that this has occurred.

Figure 7: 2015 Historical Natural Gas Export Volumes by Authorization Type

Figure 7: 2015 Historical Natural Gas Export Volumes by Authorization Type

Source: NEB Commodity Tracking System Statistics as of 22 February 2016; ; Gas - Historical Summary by Term

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