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Canadian LNG projects

Canadian LNG projects

There is no clear timeline for when Canada might start to export LNG of its own.

Canada has 20 proposed projects, a few of which have permits in place, but none of which have received a final investment decision from their corporate sponsors.

Petronas, which is behind the Pacific Northwest plant, is still making its final investment decision. The huge LNG Canada export project proposed for Kitimat appears to have suffered a setback with Royal Dutch Shell announcing it will postpone its final investment decision. Shell owns a 50% stake in LNG Canada. PetroChina, Korea Gas Corp. and Mitsubishi Corp, are also stakeholders in the joint venture.

LNG Canada cleared an important hurdle when it was granted the first permit to build a liquefied natural gas export facility in northern British Columbia. The project could cost up to US$40 billion and would initially consist of two processing units called trains, each able to produce 6.5 million tons of LNG annually. The facility could be expanded to four trains in the future.

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