ProjectLNGGoes tidewater

LNG Canada Phase 1

LNG export terminal at Kitimat, BC, with capacity of 14 million tonnes a year, owned by a joint venture of Shell, PETRONAS, PetroChina, Mitsubishi and KOGAS. It shipped its first cargo on June 30, 2025. According to the Canada Energy Regulator, all of its 2025 exports went to East Asia.

Status

In service

Direction

Tidewater: Reaches a coast, so Canada can sell to buyers other than the US.

Capacity

14 Mtpa

Where

British Columbia

Investment decision

2018

In service

30 June 2025

Needs new laws?

No: can proceed under existing rules

Owners

• PetroChina (15%) as of 22 September 2026

  World Oil, “ADNOC's XRG explores LNG Canada stake as partners weigh expansion” (external site), 22 September 2026. source record

• MidOcean Energy (EIG-managed) (5%) as of 17 December 2025

  EIG, “EIG's MidOcean Energy Completes Acquisition of Interest in Canada from PETRONAS” (external site), 17 December 2025. source record

Events

• 27 May 2026CER overview of 2025 Canada–US energy trade: export shares by productDocumentOtherCanada1 source
• 17 December 2025EIG's MidOcean Energy completes its purchase of 20% of the partnership holding Petronas's 25% of LNG Canada (~5% effective)ActionOwnership changeInternational2 sources
• 30 June 2025LNG Canada ships its first cargo from Kitimat, BC, bound for AsiaActionOtherBritish Columbia4 sources
• 1 October 2018LNG Canada partners take the final investment decision on the Kitimat export terminalActionInvestment decisionBritish Columbia1 source