LNG Canada sharply boosts exports to Asia as global supplies tighten

LNG Canada sharply boosts exports to Asia as global supplies tighten

Eight ships have departed from terminal in Kitimat, B.C., in March so far, data show

LNG Canada boosts Asia exports as Hormuz disruption tightens supply

LNG Canada is sharply increasing exports to Asia as the effective closure of the Strait of Hormuz tightens global LNG supply, pushing the Shell PLC-led Kitimat terminal closer to full utilization after six months of underperformance and operational friction. Kpler data show that during the first 17 days of March, eight ships waited to dock at Kitimat, BC, while export volume reached 550,280 tonnes despite a recent production delay. That pace put…