started · updated
LNG Canada partners approve Phase 2 expansion to double production capacity
The LNG Canada joint venture, led by Shell, has reached a final investment decision (FID) to proceed with its Phase 2 expansion in Kitimat, British Columbia. The project, which involves partners including PETRONAS, PetroChina, Mitsubishi Corporation, and KOGAS, aims to double the facility’s production capacity from 14 million to 28 million metric tonnes per annum.
The expansion is estimated to require investments ranging from $23 billion to $33 billion. Infrastructure upgrades will include the construction of two additional LNG processing trains, a new storage tank, a condensate tank, a loading berth, and expanded utility systems. To support the increased output, the Coastal GasLink pipeline will be enhanced with five new compressor stations.
Commercial operations for the expansion are expected to commence in the early 2030s. The project is viewed as a strategic move to position Canada as a major global energy exporter and a reliable supplier to Asian markets, particularly as global energy security concerns persist. The expansion is also expected to create thousands of jobs for skilled tradespeople across Canada.
Entities
British Columbia · Kitimat · LNG Canada · Mark Carney · Mitsubishi Corp · PetroChina · Petronas · Shell · Shell plc · TC Energy
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 24 SOURCES] The LNG Canada joint venture has reached a final investment decision for its Phase 2 expansion. www.energymag.gr · www.buildingtrades.ca · eawaz.com · energiesmedia.com · gcaptain.com · +17 more
- [● 12 SOURCES] Commercial operations for the Phase 2 expansion are expected to begin in the early 2030s. www.energymag.gr · eawaz.com · gcaptain.com · www.hydrocarbonengineering.com · www.ad-hoc-news.de · +6 more
- [● 7 SOURCES] Shell holds a 40% stake in the LNG Canada joint venture. eawaz.com · gcaptain.com · www.hydrocarbonengineering.com · www.lesaffaires.com · www.trend.az · +2 more
- [● 3 SOURCES] The Phase 2 expansion is estimated to require approximately $23 billion in investment. www.energymag.gr · www.wnp.pl · eawaz.com
- [● 7 SOURCES] The Coastal GasLink pipeline will be expanded with five new compressor stations to support the project. www.buildingtrades.ca · gcaptain.com · mugglehead.com · www.ogj.com · cedarnews.net · +2 more
- [● 24 SOURCES] The expansion will double production capacity from 14 million to 28 million metric tonnes per annum. www.energymag.gr · www.buildingtrades.ca · eawaz.com · energiesmedia.com · gcaptain.com · +17 more
- [● 11 SOURCES] The expansion will include the construction of two additional LNG processing trains. gcaptain.com · www.hydrocarbonengineering.com · oceannews.com · www.ad-hoc-news.de · www.ogj.com · +5 more
- [● 9 SOURCES] The joint venture partners include Petronas, PetroChina, Mitsubishi Corp, and Korea Gas Corp. eawaz.com · energiesmedia.com · gcaptain.com · www.finanzen.ch · www.lesaffaires.com · +4 more
- [● 2 SOURCES] LNG Canada is a joint venture between Shell, Petronas, PetroChina, Mitsubishi Corporation, and KOGAS. www.telesurenglish.net
- [● 2 SOURCES] LNG Canada will proceed with its Phase 2 expansion project in Kitimat, British Columbia. www.telesurenglish.net
- [● 2 SOURCES] The expansion will double LNG Canada’s capacity to 28 million tonnes a year. www.telesurenglish.net
- [○ 1 SOURCE] The expansion will add two additional LNG processing units, a storage tank, a condensate tank, a loading berth, and expanded utility and process systems.