Its role Operator
LNG Canada Development Inc. (LNG Canada) is the project company developing a liquefied natural gas export facility in Kitimat, British Columbia, Canada. The joint venture is led by Shell alongside partners PETRONAS, PetroChina, Mitsubishi Corporation, and Korea Gas Corporation (KOGAS). Phase 1 is designed for two liquefaction trains with a combined capacity of roughly 14 million tonnes per annum, with provisions for potential expansion. The site includes gas treatment, LNG storage tanks, and a marine terminal to load carriers for Asia-Pacific markets.
Feed gas for the facility is expected to be sourced from Western Canada and delivered via the Coastal GasLink pipeline. The project incorporates measures to reduce emissions intensity relative to typical LNG facilities, including use of British Columbia’s hydroelectric power for certain operations. LNG Canada is one of the largest energy infrastructure developments in Canada and remains focused on reliable, large-scale LNG exports.
chemXplore tracks 1 project involving LNG Canada, of which one is active.
Notice to Proceed issued for LNG Canada Phase 2 after FID; contract mainly lump-sum with some cost-plus; JGC to recognise US$7.5bn in fiscal 2026 after FEED update.
Notice to proceed issued; US$7.5bn share to be recognized in Q3 FY2026; Phase 2 adds one storage tank and two trains, doubling output to ~28 Mtpa.
Phase 2 will double Kitimat LNG output to 28 mtpa; Shell’s 40% stake adds nearly 6 mtpa, with commercial operations targeted in the early 2030s.
Revenue rose 9% to $4.3B; new awards $6.1B and backlog $26.9B; adjusted EBITDA guidance narrowed and reduced; $300M returned to shareholders in Q2.
Limited notice to proceed issued to begin early planning and key activities for the proposed Phase 2 expansion at the LNG Canada Kitimat export facility, supporting an FID that would double 14 Mtpa.
Deal adds 370 kboe/d, lifts production CAGR to 4% to 2030, boosts low‑cost Montney liquids and gas, ~US$16.4bn enterprise value, accretive to FCF/share from 2027; closes H2 2026
Fluor and JGC complete Train 2 of LNG Canada, marking the first phase's end. The project emphasizes safety, environmental focus, and Indigenous economic engagement.
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