News

Canadian Natural Calls for More LNG After Record Production Year

Natural Gas Intelligence · last updated

Canadian Natural Resources Ltd. navigated a complex natural gas market in 2025 and had the “best operational year” in its history despite structural challenges.

Chart Showing NGI’s NOVA/AECO C Daily Natural Gas Prices From March 2025 to March 2026 in Canadian Dollars per Gigajoule, Highlighting A Sharp Drop Below Zero in Early Fall 2025, Followed by a Strong Rally Above $3.00/GJ in Winter 2025-2026 Before Pulling Back Toward $1.70/GJ by March 2026.

At A Glance:

  • Record output reshapes Canadian gas supply
  • Liquids-rich drilling drives growth
  • AECO prices reflect oversupplied market

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