The LNG industry is experiencing significant growth with new developments in Canada, Africa, and Mozambique, while demand for oil and gas is expected to extend into the future, raising important questions about how the broader energy transition will impact future oil and gas capital expenditure decisions.
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LNG Developments and Future Energy Transition InsightsAdded:
So, um, you know, I think that that's one of the sweet spots that you're going to see out of Canada, plus possibly another a couple of LNG liquefaction developments there selling to across Pacific, missing out the Panama Canal, etc. And you know, suddenly they've got a good market. But but worldwide as well, there are other players, you know, in the LNG business that we're seeing quite a bit of spend in in Africa on the East Coast, on Mozambique, etc. etc. So, as we've alluded to before, LNG is is still the buzzword.
Right.
It's a fact. It's the buzzword. Right.
In closing, gentlemen, we're we're clearly seeing demand for both oil and gas certainly extending some time into the future now. Big question really is, how do you see the broader energy transition, you know, impact future oil and gas capex?
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