Fluor JV with JGC Selected for LNG Canada Phase 2 After FID

Key highlights
  • Fluor will recognize a US$7.5 billion share of the Phase 2 contract in the third quarter of fiscal 2026.
  • Phase 2 includes construction and commissioning of one additional LNG storage tank and two new liquefaction trains, doubling capacity to approximately 28 million tonnes per annum.
  • The joint venture received Notice to Proceed after LNG Canada reached final investment decision; the same JV delivered Phase 1.
  • Work will be executed by JGC Fluor BC LNG II JV, a Canadian 50/50 joint venture between Fluor Canada Ltd and JGC Constructors (No2) BC Ltd.

Award and financials

Fluor’s joint venture with JGC Corporation was selected to deliver engineering, procurement, fabrication, construction and commissioning for Phase 2 of LNG Canada’s export facility in Kitimat, British Columbia. The joint venture received Notice to Proceed after LNG Canada’s final investment decision. Fluor will recognize its US$7.5 billion share of the multibillion-dollar contract in the third quarter of fiscal 2026.

Scope of Phase 2

Phase 2 will add an additional LNG storage tank and two liquefaction units (trains), built adjacent to the existing facility, increasing production capacity to roughly 28 million tonnes per annum and expanding processing, storage and shipping capability.

Project history and timing

The joint venture previously delivered Phase 1, which included engineering, procurement, fabrication management, construction and commissioning of two processing trains and associated infrastructure. The facility began producing LNG in June 2025 and handover was completed in October 2025.

Execution and partners

Phase 2 execution is assigned to JGC Fluor BC LNG II JV, a Canadian joint venture owned 50% by Fluor Canada Ltd and 50% by JGC Constructors (No2) BC Ltd. LNG Canada’s project sponsors include Shell (40%), PETRONAS (25%), PetroChina (15%), Mitsubishi Corporation (15%) and KOGAS (5%).

Source: Fluor

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