The Conference Board of Canada report, funded by the Canadian LNG Alliance, examines a scenario where 56 million tonnes per year of LNG is produced by 2034, including an expansion of the $40-billion LNG Canada project now under construction in Kitimat, B.C.

A positive final investment decision for LNG Canada could eventually encourage other projects to follow suit, creating demand needed to soak up Western Canada's glut of natural gas, producers say.