EventAction
LNG Canada Phase 2 early construction begins days after the investment decision; JGC-Fluor joint venture holds the EPC contract (Fluor's share US$7.5 billion)
Early construction on LNG Canada Phase 2 at Kitimat began on 2026-10-01 (water treatment, grading, excavation, piling for a second storage tank, jetty and marine work), planned to run about four months to February 2027, with up to 4,000 construction jobs at peak (The Northern View, 2026-10-08). On 2026-09-29 Fluor said its 50/50 joint venture with JGC (JGC Fluor BC LNG II) was selected for engineering, procurement, fabrication, construction and commissioning of the two new trains and storage tank, Fluor's share being US$7.5 billion (Fluor release).
- Date
- Kind
- Contract
- Where
- British Columbia
- Evidence
- Action: Something was done: a law switched on, a tariff imposed, money committed. How evidence is weighed
- Who
- LNG Canada (joint venture) (acted)
Articles that cite this record
Sources
- Fluor Corporation, “Fluor Joint Venture Selected for LNG Canada Phase 2 Expansion Following Final Investment Decision” (external site), . source record
- The Northern View, “Construction begins on LNG Canada Phase 2 just days after investment decision” (external site), . source record
Projects
How it bears on the outcome
| Explanation | Fit | Why |
|---|---|---|
| O0 No meaningful speed-up | Against moderate | A large export project moving from investment decision to construction within days, with a multibillion-dollar EPC contract, is an action that sits awkwardly with no meaningful speed-up; one project does not settle the overall pace. |
| O1 Faster, but the extra output goes mostly elsewhere | Fits moderate | West-coast LNG capacity serves overseas buyers rather than the US, consistent with a faster build-out whose extra output goes mostly elsewhere. |
| O2 Faster, and more volume reaches the US (this level or higher) | Against weak | The project adds export capacity aimed at non-US markets, so it does not add volume reaching the US; mildly awkward for O2, which can still be met by other projects. |
| O3 Locked-in preferential terms for the US | Against weak | No US stake, purchase contract or priority access is involved, and the output is aimed at other buyers. |