B.C., feds tout ‘milestone’ as final LNG investment decision expected by end of 2026
The pact follows hundreds of millions of dollars in new funding from LNG Canada partners as the project moves toward a final investment decision.
- On Thursday, British Columbia Premier David Eby and federal Energy Minister Tim Hodgson announced an "enhanced co-operation agreement" with LNG Canada to advance the proposed Phase 2 expansion in Kitimat, targeting a final investment decision by the end of 2026.
- The pact follows a May 1 decision by joint venture partners—led by London-based Shell PLC with a 40 per cent stake—to approve "hundreds of millions of dollars" in incremental funding to finalize critical work scopes.
- Under the proposed Phase 2, the terminal's export capacity could double to as much as 30 million tonnes annually, with the agreement requiring governments to "work collaboratively with First Nations" to expand export markets to Asia.
- Critics, including the Canadian Association of Physicians for the Environment, object to the expansion, citing flaring that exposed residents to "health-harming chemicals, including black carbon and benzene," per the group's statement.
- The project's inclusion in the federal Major Projects Office highlights a fast-track strategy, with Energy Minister Tim Hodgson noting that 40 per cent of all projects referred to the office established by Prime Minister Mark Carney are located in British Columbia.
38 Articles
38 Articles
Canada’s LNG Ambitions Grow as British Columbia Warms to Gas Exports
The British Columbia government is eager to see the LNG Canada project expand to Phase 2 as soon as possible, in a marked departure from earlier political sentiment towards hydrocarbons that were strongly negative. LNG Canada is due to make the final investment decision on Phase 2 of the same-name facility in Kitimat soon, and British Columbia Premier David Eby this week said he hoped the decision comes by the end of this year, describing it as …
B.C., feds tout 'milestone' as final LNG investment decision expected by end of 2026
British Columbia Premier David Eby says he’s hopeful that LNG Canada will come to a final investment decision at the end of the year that will be the “largest private sector investment in Canadian history.”
Officials hopeful that LNG Canada makes significant investment decision, expected by end of 2026
B.C. Premier David Eby says he's hopeful that LNG Canada will come to a final investment decision at the end of the year that will be the "largest private sector investment in Canadian history."
The Toronto Star
B.C., feds tout ‘milestone’ as final LNG investment decision expected by end of 2026
VANCOUVER - British Columbia Premier David Eby says he's hopeful that LNG Canada will come to a final investment decision at the end of the year that will be the
B.C., feds reach agreement to advance Kitimat’s LNG Phase 2 expansion - Fort St. James Caledonia Courier
The provincial and federal government’s have reached an agreement to advance the LNG Phase 2 project in Kitimat. The two levels of government announced Thursday that they have reached an agreement on enhanced investment co-operation and actions to collectively progress closure of final items to support a potential 2026 final investment decision around LNG Canada’s proposed Phase 2 expansion. LNG Phase 2 was among the first projects to be reviewe…
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