Insight
LNG Canada reaches FID: Canada steps onto the global stage
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 2 October 2018, LNG Canada took a final investment decision (FID) on the LNG export project in Kitimat, British Columbia (BC). This is the first LNG export project to reach FID in Canada and the first greenfield LNG export project globally in five years. The sanction of LNG Canada marks an abrupt turnaround from 2017, when PETRONAS cancelled its Pacific NorthWest project, and from 2016, when Shell postponed an FID on LNG Canada. Since then, market fundamentals have moved in the project’s favour. The momentum behind LNG Canada reflects the drastic improvement in the LNG market over the past 12 months.
Table of contents
-
LNG Canada is the largest greenfield LNG project sanctioned since 2013.
- Executive Summary
- Western Canadian upstream opportunity
- Value and cost
- Strategic Drivers
- LNG market Implications
Tables and charts
This report includes the following images and tables:
-
LNG Canada project breakeven
What's included
This report contains:
Other reports you may be interested in
Insight
Canada's Scotford leads on large scale CCS deployment in refining
Discover the drivers for CCS success at Canada's Scotford complex and why the country is a leader in the global CCS race
$900
Insight
Q3 North America LNG projects update: Driftwood fully sold, Plaquemines starts construction and Corpus Christi Stage 3 nears FID
Three projects that could add 30 mmtpa of new capacity
$1,050
Insight
Q3 North America LNG projects update: momentum builds at Venture Global’s Plaquemines LNG
Venture Global is preparing to increase site work on its second LNG project
$1,050
