The Financial Post reports in its Saturday edition that a tanker carrying Canada's first major shipment of liquefied natural gas has arrived at a South Korean port, ushering in a new era for Canadian energy exports some feared would never come, as the country's natural gas reaches new buyers in Asian-Pacific markets. The Post's Meghan Potkins writes that the vessel called the Gaslog Glasgow delivered the shipment from LNG Canada's terminal in Kitimat, B.C. Two other tankers have left LNG Canada's terminal and remain in transit, heading to ports in Japan and South Korea. In total, the B.C. terminal has shipped 11 billion cubic feet of natural gas since the facility was commissioned, according to RBC Capital Markets. The bank based its estimate on the total capacities of the three vessels that have departed from Kitimat so far. A fourth vessel -- a Petro-China tanker called Wudang -- is in Kitimat awaiting loading. Three more are expected to arrive to load shipments in the coming weeks. Canadian natural gas producers hoped LNG Canada's start-up would boost chronically low prices, but they have so far been disappointed as the benchmark price in Western Canada continues to trade below $1 (U.S.) per thousand cubic feet.
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