LNG Canada expects first cargo export earlier than anticipated

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Shell-led LNG Canada, Canada’s inaugural liquefied natural gas (LNG) export terminal, is nearing completion faster than anticipated, potentially allowing for an earlier first cargo, Shell’s Zoe Yujnovich disclosed in an interview with Reuters. The C$40 billion ($29 billion) project in British Columbia is slated to commence operations by mid-2025, producing 14 million metric tons per annum (mtpa) in its initial phase. Shell, alongside partners PetroChina, Petronas, Mitsubishi Corporation, and Kogas, aims to boost global LNG capacity by 25-30% by 2030, targeting around 40 mtpa. The project, pivotal for Shell’s LNG growth strategy, involves final construction stages and integration with TC Energy’s Coastal GasLink pipeline. A decision on expanding the facility’s capacity, contingent on economic factors and regulatory frameworks, is expected by year-end.

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