LNG Canada Announces a Positive Final Investment Decision

LNG Canada today announced that its joint venture participants – Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS – have taken a Final Investment Decision (FID) to build the LNG Canada liquefaction and LNG export facility in Kitimat, British Columbia. According to the press release, “[e]ach joint venture participant will be responsible to provide its own natural gas supply and will individually offtake and market its share of LNG. The FID is for two processing units or ‘trains,’ with first LNG expected before the middle of the next decade.”

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