LNG Canada Expansion Set to Double Capacity, Boost Canadian Exports

Canada's first large-scale liquefied natural gas export terminal, LNG Canada, is set to double its capacity after partners agreed on a C$33 billion expansion. The project will increase the facility's capacity to 28 million tons per year and create up to 4,000 jobs at peak construction.

The expansion will add two LNG processing units, another storage tank, and an additional loading berth to the existing infrastructure. This move will make LNG Canada the second-largest facility of its kind in the world, according to Canadian Prime Minister Mark Carney.

Carney emphasized that this investment is crucial for Canada's economic diversification and sovereignty, particularly in a 'more dangerous and divided world.' He noted that the project's Pacific Coast location gives it an advantage over US LNG exporters, with shipments from Kitimat able to reach Asia in eight to 10 days.

The expansion will also trigger a multibillion-dollar upgrade of the TC Energy-operated Coastal GasLink pipeline, which carries natural gas from Dawson Creek to Kitimat. This will nearly double the pipeline's capacity and create up to 2,100 jobs at peak construction.