LNG

LNG Canada, the federal government, and British Columbia have agreed on a process to resolve the remaining “final items” needed to support a potential 2026 financial investment decision on the terminal’s Phase 2 expansion.

Australian engineering firm Worley has published an update on its reimbursable EPC contract, worth $9 billion, with Venture Global for phase 1 of the CP2 LNG project in Cameron Parish, Louisiana. First LNG is targeted in Q3-2027.