LNG Canada’s $18B Project Nears Completion, Shipping to Asia in 2025

FORT ST. JOHN, B.C. — LNG Canada’s $18 billion liquified natural gas project is set to be open next year, with shipping to Asia, and may begin to introduce gas to the facility soon.

A statement from the company on August 28th says the introduction of natural gas and flaring activities mark “a pivotal step,” as the company prepares to ship out to Asian countries by mid-2025.

The project is headed by LNG Canada, a consortium of five global petroleum giants, including Shell, Malaysia’s Petronas, PetroChina, Mitsubishi, and Korea Gas.

According to the company, the facility will receive the natural gas through the Coastal GasLink pipeline, which runs from Dawson Creek to Kitimat.

Once safety checks are passed, a small flare pilot will be ignited at the plant’s vapour flare tower.

This will be followed by lower-level flaring that may take several weeks before more visible flaring begins.

The project represents an estimated $40 billion total investment – which includes the plant in Kitimat, The Coastal GasLink pipeline, and upstream natural gas assets within the province.

Built on traditional Haisla First Nation territory, The Nation’s Chief Councillor Crystal Smith said in June how the project has brought “prosperity,” to her people.

“It has been absolutely amazing to see the impact for not only Haisla but for the region,” said Smith at the Indigenous Partnership Success Showcase in Vancouver.

Earlier this year, Cedar LNG, co-owned by Haisla First Nation and Pembina Corporation, announced a final investment for a floating natural gas plant worth $4 billion.

The LNG terminal is said to be about 90 per cent complete.