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Woodfibre LNG said October 22 a Deetken Insight report puts nearly $13.6 billion in Canadian economic output from construction so far and $11.6 billion in projected government revenue over 40 years. Enbridge Inc. owns 30 percent. The project is about 75 percent complete. That is an impact study, not first cargo.
Cedar LNG's October 21 fall newsletter said overall construction is now more than 70 percent complete, with Kitimat site work and floating LNG fabrication in South Korea advancing. The project still targets late 2028 for the world's first Indigenous majority-owned LNG plant. That is progress reporting, not first LNG.
Petroliam Nasional Bhd said October 20 that all LNG Canada joint-venture partners took final investment decision on the Kitimat expansion. Petronas holds 25 percent through North Montney LNG. That is a partner stamp on September's FID. It is not first LNG from the new trains.
B.C. issued an environmental assessment certificate Monday afternoon. Ottawa's decision statement followed at 5:54 p.m. ET. The expansion adds a storage tank and equipment for up to 7,700 tonnes of LNG a day at the existing Delta site. FortisBC still has a final investment decision ahead.
On September 15 BC Hydro and Woodfibre LNG told Brackendale owners the 2015 500 kV step-down option will not proceed. A second 138 kV line will stay in the existing right of way. Enbridge still holds 30 percent of the Squamish plant.
Western LNG said September 14 Santos agreed key terms for 1 million tonnes a year of Ksi Lisims LNG for up to 20 years, FOB. Ottawa posted it September 15 as a third international offtake this year. Santos called the HOA non-binding. Supply is aimed around 2031.
Partners issued a limited notice to proceed on June 1 so the Fluor-JGC joint venture can do early planning and long-lead work. Phase 2 would double Kitimat from 14 million tonnes a year to about 28. Mid-September has brought no final investment decision.
Woodfibre LNG CEO Luke Schauerte said June 12 the Squamish plant was 65 percent complete after the powerhouse module arrived, with startup targeted for 2027. Enbridge holds 30 percent. Pacific Energy holds 70 percent. Nameplate is about 2.1 million tonnes a year.
On July 10 the B.C. Environmental Assessment Office amended Cedar LNG's certificate to 500 MMcf per day of liquefaction, about 3.75 million tonnes a year, up from 3.0. Pembina and the Haisla Nation still target in-service in late 2028.
On July 30 AltaGas lifted 2026 normalized EBITDA to $2.0 billion to $2.1 billion after a record 144,420 barrels a day of LPG exports. REEF is about 85 percent complete. The partnership raised the project to about $1.5 billion and pushed commercial operations into the first quarter of 2027.
Fortis Inc. said July 31 that the province let FortisBC advance Tilbury Phase 1B, about $2 billion of regulated kit for marine LNG in the Port of Vancouver. An order in council on July 24 skipped the usual BCUC certificate. Steel is aimed at 2027. Service is aimed at 2031.
First cargo left Kitimat at the end of June 2025. Train 2 started in November. By spring the facility was near 87 percent utilization. Energy Intelligence says it is now approaching full use as Asia bids for cargoes the Middle East cannot send.
Partners authorized early work in June and Ottawa tagged the expansion a national-interest project. Phase 2 would double Kitimat to 28 million tonnes a year at a cost around C$33 billion. FID is still a late-2026 call.
Freeport maintenance has kept about 2 Bcf per day off the water since July 10. Train 3 tripped on August 19 after a power-feed interruption. Golden Pass loaded its seventh cargo this week as feedgas hit a six-week high. The U.S. export recovery is not here yet.
B.C. approved Cedar LNG at 3.75 million tonnes a year, up 25 percent. The Haisla-majority plant targets late 2028. Woodfibre near Squamish is about 60 percent built for 2027. Together with Kitimat they would give Canada three Pacific export docks.
Focusing on the LNG Canada Project, this piece outlines its low-carbon footprint and strategic benefits, including the price differential between AECO and Henry Hub, and its proximity to Asian markets. It explores how this project positions Canada in the global energy landscape.
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