In this list
Natural Gas

LNG Canada partners Shell, Petronas, PetroChina, Mitsubishi, KOGAS take FID on LNG project

Energy | Coal | Electric Power | Energy Transition | Natural Gas | Oil

A net-zero future could see gas utilities tap the heat beneath our feet

Energy | LNG | Natural Gas | NGL

Platts LP Gaswire

Energy | Oil | Energy Transition

APPEC 2023

Energy | LNG | Electric Power | Natural Gas | Metals | Electricity | Non-Ferrous

US debt limit agreement would greenlight Mountain Valley gas pipe project

Energy | Oil | Natural Gas | Electric Power | Energy Transition | Shipping | Refined Products | Jet Fuel | Crude Oil | Electricity | Renewables | Tankers

Commodity Tracker: 4 charts to watch this week

For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today.

Subscribe Now

LNG Canada partners Shell, Petronas, PetroChina, Mitsubishi, KOGAS take FID on LNG project

  • Author
  • Eric Yep
  • Editor
  • Liz Thang
  • Commodity
  • Natural Gas

Singapore — LNG Canada said its joint venture partners Royal Dutch Shell, Malaysia's Petronas, state-run PetroChina, Mitsubishi and South Korea's KOGAS have taken a final investment decision to build the LNG export facility in Kitimat, British Columbia on Tuesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The FID is for two processing units or trains, with the first LNG cargo expected before the middle of the next decade, the companies said in a joint statement, adding that each partner will be responsible for providing its own natural gas supply and will individually market its share of LNG.

LNG Canada said it enjoys advantages like access to low-cost natural gas from British Columbia's reserves and relatively short shipping distance to North Asia, which is about 50% shorter than the US Gulf of Mexico avoiding the Panama Canal.

The LNG Plant will have a deep-water port and TransCanada will build the 670-km Coastal GasLink pipeline that will connect natural gas from northeastern British Columbia to the export plant in Kitimat.

Shell has a 40% stake in LNG Canada through it local affiliate, Petronas has a 25% interest, PetroChina has 15%, Mitsubishi has 15% and Kogas has 5%.

--Eric Yep,

--Edited by Liz Thang,