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LNG Canada Outlines Jobs, Construction Plans for Phase 2 in Kitimat - The Northern View
The $30-billion-plus project adds two processing trains and new storage, with up to 4,000 construction jobs at peak.
- On Tuesday, Shell and its partners announced a final investment decision for LNG Canada Phase 2 expansion in Kitimat, committing at least $30-billion to double production capacity to 28 million tonnes annually.
- Partners cited growing Asian demand and energy security as primary drivers for the expansion, building on Kitimat operations that began exporting to Asia last year.
- Construction will add two processing trains and require upgrading the 670-kilometre Coastal GasLink pipeline with five new compressor stations, creating up to 4,000 construction jobs at peak.
- MNT Investments, a partnership of five Indigenous nations, secured an equity option to invest up to $1 billion in new storage tank infrastructure, representing one of the largest Indigenous ownership positions in Canadian infrastructure.
- Prime Minister Mark Carney and Natural Resources Minister Tim Hodgson attended the launch in Vancouver, as the project is projected to generate more than $50 billion in government revenues while diversifying energy shipments beyond the United States.
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Total News Sources13
Leaning Left6Leaning Right0Center1Last UpdatedBias Distribution86% Left
Bias Distribution
- 86% of the sources lean Left
86% Left
L 86%
14%
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