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2h ago

LNG Canada Confirms Kitimat Phase 2 to Double Export Capacity

Ottawa says the expansion will attract about $33 billion in private capital, signaling a bid to draw large infrastructure investment to Canada.

Prime Minister Mark Carney walks to meet workers after giving a statement during a tour of Global Container Terminals' Deltaport facility, at Roberts Bank in Delta, B.C., on Thursday, July 30, 2026. THE CANADIAN PRESS/Darryl Dyck
Prime Minister Mark Carney rises during Question Period on Parliament Hill in Ottawa, Thursday, Sept. 24, 2026. THE CANADIAN PRESS/Adrian Wyld
Prime Minister Mark Carney rises during question period on Parliament Hill in Ottawa, Thursday, Sept. 24, 2026. THE CANADIAN PRESS/Adrian Wyld

Overview

  • LNG Canada confirmed on Tuesday that it will proceed with Phase 2 at its Kitimat terminal, doubling capacity from 14 million tonnes to 28 million tonnes of LNG per year.
  • The federal government expects roughly $33 billion in private-sector investment and LNG Canada projects more than $50 billion in government revenues over the project’s lifetime.
  • The decision follows months of internal approvals by the joint-venture partners — Shell, PETRONAS, PetroChina, Mitsubishi Corp. and KOGAS — who finalised their sign-off before the public announcement.
  • Prime Minister Mark Carney attended the Vancouver event tied to the reveal and was scheduled to announce new ocean-protection measures at the same briefing.
  • Phase 2 builds on the terminal’s first commercial cargo about a year ago and was previously reviewed by Ottawa’s Major Projects Office, making the expansion a central issue for the B.C. election and the federal fall parliamentary session.