LNG Canada Doubles Export Capacity with Phase 2 Approval
LNG Canada will double its export capacity in the early 2030s after Shell approved Phase 2 of the project.
The expansion involves adding two new liquefied natural gas (LNG) processing units, or trains, increasing LNG Canada's total production capacity from 14 million tonnes per annum to 28 mtpa.
Shell holds a 40% interest in LNG Canada and will receive nearly 6 mtpa of additional LNG from the expansion.
The project is expected to supply cost-competitive gas to Asian markets, where demand for LNG is expected to increase significantly by around 65% by 2050.