Early work is still not a construction cheque
LNG Canada's joint-venture partners issued a limited notice to proceed on June 1, 2026. Fluor said that day its JGC Fluor BC LNG II joint venture can start early planning and key activities to support a proposed Phase 2 final investment decision. Phase 1 nameplate is about 14 million tonnes a year. Phase 2 would add two trains and roughly double that, to about 28 million tonnes, if the owners sign.
They have not signed. Mid-September has brought no FID notice from Shell, PETRONAS, PetroChina, Mitsubishi, or KOGAS. Limited notice to proceed is site work, engineering, and long-lead items. It is not a full construction authorization.
Federal Major Projects Office priority status arrived in September 2025. That shortens the federal clock. It does not pour concrete. Feedgas for a doubled plant would still move on Coastal GasLink. TC Energy said March 25 that CGL and LNG Canada signed commercial agreements that support the pathway to FID, including front-end engineering. Those agreements remain subject to an LNG Canada FID and CGL approvals.
Phase 1 is already loading cargoes from Kitimat. Cedar and Woodfibre are separate plants on separate calendars. This file is only whether the existing Kitimat site gets two more trains.
Neutral read
There is no single listed issuer for LNG Canada. The listed names that sit next to the file are TC Energy on the pipe and the WCSB gas producers that would fill a doubled plant. Banks were skipped. A June limited notice and no September FID are the facts. Write this as unfinished engineering, not as a sanctioned expansion. Watch the owners' next FID notice before treating 28 million tonnes as committed.