Natural Gas Shortage 2024 Canada. And canadian natural gas production is expected to hit new records in 2023, but growth may be slow due to weakened demand,. The report by deloitte canada identifies potential water shortages in western canada as a key risk facing the oil and gas sector in 2024.
The looming gas shortage has forced utilities to rethink future power supplies. Canadian natural gas production hits a record high in 2023, and industrial gas use continues to increase.