LNG Canada, an industrial joint venture that operates a liquefied natural gas (LNG) export facility in Kitimat, British Columbia, is making headway with the expansion of the facility — a project of national significance.
LNG Canada’s five joint venture partners — Shell, PETRONAS (and EIG-managed MidOcean Energy through its partnership with PETRONAS), PetroChina, Mitsubishi Corp. and KOGAS — have taken a final investment decision on Phase 2 of the expansion project, representing one of the largest private sector investments in Canada.
LNG Canada benefits from access to abundant, lower-cost, natural gas delivered from the Montney Formation through the dedicated Coastal GasLink pipeline. At the plant, the gas is processed using lower carbon-intensity equipment to produce LNG for export. From Canada’s West Coast, LNG can be shipped directly to trading partners in Asia in approximately 10 days — roughly half the sailing time from the U.S. Gulf Coast via the Pana
