Key Takeaways : 

* Capacity could double: Phase 2 would add 14 mtpa to the existing 14 mtpa facility.

* Major capital project: Canada estimates Phase 2 could attract around **C$33 billion** in private-sector capital.

* Strong Asian access: LNG Canada’s Pacific Coast location provides shorter shipping routes to Asian markets than US Gulf Coast projects.

* Decision approaching: Partners could make the investment decision as early as October, although commercial, regulatory and governance requirements still need to be satisfied.

Full Briefing : 

Shell and its LNG Canada partners are moving closer to a final investment decision on a major expansion at the Kitimat, British Columbia facility. Phase 2 would add 14 mtpa of export capacity, taking the project to 28 mtpa and significantly increasing Canada’s position in the global LNG market.

The project’s scale makes it an important long-term energy infrastructure investment. Its Pacific location provides direct access to Asian markets, while the Canadian government estimates Phase 2 could attract approximately C$33 billion in private capital. The decision remains subject to the partners meeting commercial, fiscal, regulatory and governance requirements.

Source : https://www.reuters.com/business/energy/shell-led-lng-canada-could-approve-phase-2-expansion-by-early-october-sources-2026-09-17/?utm_