{"id":"canada-lng-canada-phase-two-final-investment-decision-2026","canonicalSlug":"canada-lng-canada-phase-two-final-investment-decision-2026","url":"https://wellficent.com/en/news/canada-lng-canada-phase-two-final-investment-decision-2026","language":"en","title":"LNG Canada partners approve Phase 2 expansion in final investment decision","summary":"The Kitimat project would double LNG Canada’s capacity to 28 million tonnes a year and expand the Coastal GasLink pipeline with five compressor stations.","body":["LNG Canada Development Inc. said on 28 September 2026 that its five joint-venture participants had taken a final investment decision on Phase 2 at Kitimat, British Columbia, on Haisla Nation territory. The partners are Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS. The decision advances expansion at the existing LNG Canada site.","Phase 2 would add two liquefaction trains, a storage tank, a condensate tank, a loading berth and expanded utility and process systems. LNG Canada says capacity would rise from 14 million to 28 million tonnes a year. The company also agreed to manage expansion of the existing 670-kilometre Coastal GasLink pipeline, including five new compressor stations.","The release says an equity option for five neighbouring First Nations could enable up to C$1 billion investment in an entity owning the future LNG tank. Peak construction is projected to require up to 4,000 workers in Kitimat and about 2,100 for compressor stations. These are company forecasts; the release gives no completion date and does not guarantee employment or revenue outcomes."],"keyPoints":[],"sections":[],"text":"LNG Canada partners approve Phase 2 expansion in final investment decision\n\nThe Kitimat project would double LNG Canada’s capacity to 28 million tonnes a year and expand the Coastal GasLink pipeline with five compressor stations.\n\nLNG Canada Development Inc. said on 28 September 2026 that its five joint-venture participants had taken a final investment decision on Phase 2 at Kitimat, British Columbia, on Haisla Nation territory. The partners are Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS. The decision advances expansion at the existing LNG Canada site.\n\nPhase 2 would add two liquefaction trains, a storage tank, a condensate tank, a loading berth and expanded utility and process systems. LNG Canada says capacity would rise from 14 million to 28 million tonnes a year. The company also agreed to manage expansion of the existing 670-kilometre Coastal GasLink pipeline, including five new compressor stations.\n\nThe release says an equity option for five neighbouring First Nations could enable up to C$1 billion investment in an entity owning the future LNG tank. Peak construction is projected to require up to 4,000 workers in Kitimat and about 2,100 for compressor stations. These are company forecasts; the release gives no completion date and does not guarantee employment or revenue outcomes.","category":"energy","region":"world","topics":["lng","natural-gas","exports","investment"],"eventDate":"2026-09-28","eventDateBasis":"announcement-date","publishedAt":"2026-10-06T20:15:13Z","modifiedAt":"2026-10-06T20:15:13Z","publicationBasis":"first-publication","preparedAt":null,"sourcePublishedAt":"2026-09-29","translatedAt":null,"sources":[{"name":"LNG Canada Development Inc.","url":"https://www.newswire.ca/news-releases/lng-canada-announces-phase-2-final-investment-decision-828313121.html","checkedAt":"2026-10-06","publishedAt":"2026-09-29"}],"translations":{"en":"https://wellficent.com/en/news/canada-lng-canada-phase-two-final-investment-decision-2026","tr":"https://wellficent.com/tr/news/canada-lng-canada-phase-two-final-investment-decision-2026","ar":"https://wellficent.com/ar/news/canada-lng-canada-phase-two-final-investment-decision-2026","fr":"https://wellficent.com/fr/news/canada-lng-canada-phase-two-final-investment-decision-2026","es":"https://wellficent.com/es/news/canada-lng-canada-phase-two-final-investment-decision-2026","ru":"https://wellficent.com/ru/news/canada-lng-canada-phase-two-final-investment-decision-2026","pt":"https://wellficent.com/pt/news/canada-lng-canada-phase-two-final-investment-decision-2026"},"corrections":[],"locations":[]}