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  5. ARX: Hi 5i 1) What portion of NG is sold to USA versus LNG Canada (soon) and domestic consumption? [ARC Resources Ltd.]
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Q: Hi 5i
1) What portion of NG is sold to USA versus LNG Canada (soon) and domestic consumption? 2) Canadian oil sands withstood negative oil prices for months - but it still flowed (and hence required condensate) - to what extent do you think Condensate (ARX/TOU) will be affected if there is reduced oil flow from Canadian oil sands. Thank you.
Glenn
Asked by Glenn on March 04, 2025
5i Research Answer:

2024 data is not available yet, but in 2023 45% of Canadian NG went to the USA. LNG Canada starts this year but we do not have a breakdown of percentage there. ARX/TOU are potentially vulnerable to reduced oil sands flow, but from what we have read here it would not likely be to a material amount. This can be debated and will vary based on other pipeline takeaway capacity at the time of any reduced oil sands flow.