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Fluor Joint Venture Selected for LNG Canada Phase 2 Expansion Following Final Investment Decision
The expansion will add one storage tank and two liquefaction trains, doubling capacity to about 28 million tonnes per annum, Fluor said.
- On Tuesday, Fluor Corporation announced its joint venture with JGC Corporation secured the contract for Phase 2 of LNG Canada's export facility in Kitimat, British Columbia, following Monday's final investment decision.
- Phase 2 will add an additional LNG storage tank and two liquefaction units, doubling the facility's production capacity to approximately 28 million tonnes per annum to meet growing global demand for reliable LNG.
- Fluor will recognize a $7.5 billion share of the contract, with work executed by JGC Fluor BC LNG II JV, a Canadian joint venture comprised of Fluor Canada Ltd and JGC Constructors BC Ltd .
- Chief Executive Officer Jim Breuer said, "LNG Canada Phase 1 was a landmark achievement for Fluor, and we are excited to carry that momentum into the next chapter."
- Fluor shares edged higher in Tuesday premarket trading, as the company prepares to report earnings on November 6, 2026, with Wall Street expecting EPS of 83 cents, up from 68 cents a year earlier.
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Coastal GasLink Phase 2 to proceed following LNG Canada Final Investment Decision
CALGARY, Alberta, Sept. 29, 2026 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) today announced Coastal GasLink (CGL) Phase 2 will proceed following LNG Canada and its joint venture participants’ positive Final Investment Decision (FID) on the expansion of…
·Welland, Canada
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Shell said in a statement that it would double the production capacity of its LNG Canada project in Kitimat, British Columbia, to about 28 million metric tons per year.
Fluor Joint Venture Selected for LNG Canada Phase 2 Expansion Following ...
·Crystal River, United States
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Total News Sources14
Leaning Left4Leaning Right1Center3Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 38%
12%
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