LNG

Shipments from Canada’s LNG Canada plant surpassed 1 million metric tons in April, marking a new monthly record, according to LSEG data, as the $40‑billion facility is ramping toward its full design capacity. All cargoes set sail to Asia, mainly South Korea.

Five US LNG projects are set to start operations and ramp up productions by the end of 2027, adding nearly 30% to the country’s current peak export capacity of 18.3 bcf/d and helping offset 10 Bcf/d of damaged Qatari export capacity, according to US government analysts.

Shell-led LNG Canada has substantially ramped up production and exports to Asia. In the first 11 days of March, the plant loaded five cargoes with a sixth cargo getting ready to set sail today.