New NEB Report Provides Overview of Key Energy Market Dynamics

31 March 2014

Media Advisory

CALGARY – Today the National Energy Board (NEB or the Board) released a new energy market assessment entitled Canadian Energy Dynamics: 2013. The assessment provides an overview of key elements in Canada’s energy markets, and how these elements changed in 2013.

The energy sector in Canada is dynamic and continually being shaped by new sources of supply, changing demand, and integrated infrastructure development. Important developments in Canadian energy markets in 2013 included increased crude oil production, natural gas supply shifting from west to east, and increasing availability of natural gas liquids. Similarly, continuing trends in electricity fuel sources, oil and gas production in Canada’s North, and exploration in offshore fields are influencing Canada’s energy supply. The Canadian Energy Dynamics report provides insight, statistics and regional descriptions that frame these developments over the last year.

The National Energy Board is an independent federal regulator of several parts of Canada’s energy industry with the safety of Canadians and protection of the environment as its top priority. Its purpose is to regulate pipelines, energy development and trade in the Canadian public interest. For more information on the NEB and its mandate, please visit www.neb-one.gc.ca.

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For further information:

Stacey Squires
Communications Officer
National Energy Board
E-mail: stacey.squires@neb-one.gc.ca
Telephone: 403-299-2717
Telephone (toll free): 1-800-899-1265
Facsimile: 403-292-5503
Facsimile (toll free): 1-877-288-8803
TTY (Teletype): 1-800-632-1663

NT3