LNG Canada partners approve Phase 2 expansion FID
On September 28, 2026, LNG Canada’s joint-venture participants—Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS—took a Final Investment Decision on the Phase 2 expansion in Kitimat, British Columbia. The project will add two LNG processing trains and related storage, loading and utility infrastructure, doubling total capacity from 14 to 28 million tonnes per year. It also includes expansion of the existing Coastal GasLink pipeline through five new compressor stations.
The primary LNG Canada/CNW release explicitly states that the joint-venture participants took a Final Investment Decision for Phase 2 in Kitimat on September 28, 2026. This is new, forward-looking infrastructure information: the project will add two LNG processing trains, double capacity from 14 to 28 million tonnes per year, and require related pipeline and facility expansion. Operations_infrastructure is the most specific development type because the central action is sanctioning a major capacity project. Importance is high because the FID materially increases the probability of future Canadian LNG supply and project-related cash flows, while surprise is moderate because approval had been anticipated for early October. The exact announcement time is unavailable, so the date is represented at midnight UTC with reduced timestamp confidence; the status is marked announced because the FID occurred while construction and operations remain future. The prior match to Event 5325 is retained because this is a confirmed milestone in the same LNG Canada Phase 2 expansion storyline. Approved stakeholders are limited to project participants with available symbols, project-linked engineering contractors, and Coastal GasLink owners; more remote competitors, generic equipment vendors, and unsupported upstream exposures are excluded. PETRONAS is not included because no exact symbol for it is provided in the input.
VANCOUVER, BC, Sept. 28, 2026 /CNW/ -- LNG Canada today announced that its Joint Venture Participants (JVPs) – Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS – have taken a Final Investment Decision (FID) on the LNG Canada Phase 2 expansion project in Kitimat, British Columbia, in the traditional territory of the Haisla Nation.
Shell to expand Canada LNG facility capacity to 28 million tonnes a year