Skip to content
Back to Guavy Wire
Commodities

$2-Billion LNG Expansion Moves Ahead in Metro Vancouver Amid Economic Reconciliation Push

Instruments
Natural Gas
Share

A major expansion of the Tilbury LNG Facility in Metro Vancouver is moving ahead after the British Columbia government removed a key regulatory requirement for the project.

The $2-billion Phase 1B expansion, proposed by FortisBC, would increase the amount of liquefied natural gas produced at the facility and allow the company to supply more fuel to commercial ships traveling through the Port of Vancouver.

The provincial government estimates that construction of the expansion would contribute over $800 million to B.C.'s GDP and support an average of approximately 1,100 jobs annually over four years.

FortisBC will still need to obtain all other required permits and regulatory approvals before construction can begin, with work potentially starting as early as mid-2027 and the expanded facility entering service in 2031.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc