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, 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," adding the company is "excited to carry that momentum into the next chapter."
- Fluor shares edged higher in Tuesday premarket trading, with Wall Street expecting EPS of 83 cents when the company reports earnings on November 6, 2026.
16 Articles
16 Articles
St Catharines Standard
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…
Fluor JV Selected for LNG Canada Phase 2
IRVING, Texas, Sept 29 — Fluor Corporation (NYSE: FLR) announced today that its joint venture with JGC Corporation has been selected to deliver engineering, procurement, fabrication, construction and commissioning for Phase 2 of LNG Canada’s liquified [...] The post Fluor JV Selected for LNG Canada Phase 2 appeared first on Business News This Week.
LNG Canada Greenlights Phase 2, Doubling Capacity to 28 Million Tonnes
LNG Canada’s joint venture partners have made a final investment decision on the Phase 2 expansion of the liquefied natural gas export facility, a move that will double the plant’s production capacity. Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS approved the expansion, which adds two liquefaction units, known as trains, to the two already operating. […] The post LNG Canada Greenlights Phase 2, Doubling Capacity to 28 Million To…
Coverage Details
Bias Distribution
- 50% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
