First Cargo Puts Canada on the Map of LNG Exporting Nations

Moscow, July 1 - Neftegaz.RU. LNG Canada has successfully loaded a first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export facility.

The new LNG Canada export facility is located in Kitimat, British Columbia, in the traditional territory of the Haisla Nation.
It is a long-life asset that will initially export LNG from two processing units or trains with a total capacity of 14 million tonnes per annum (mtpa).

Marine traffic website VesselsValue (Veson Nautical) shows the LNG carrier GasLog Glasgow, which Shell has on a multi-year charter, as laden and en route to the port of Incheon, South Korea, with an estimated arrival date of 20 July.

Chris Cooper, LNG Canada President and CEO said:

• today is a historic moment for LNG Canada and our five joint venture participants (JVPs), Haisla Nation, the District of Kitimat, British Columbia and all of Canada;
• we began with a clear vision: To work side-by-side with First Nations and local communities as the catalyst for a thriving new energy sector in Canada, and to set a new standard for safe and responsible LNG production;
• as world events continue to demonstrate, a reliable supply of responsibly produced energy should never be taken for granted;
• we’re proud to be part of the effort to help Canada diversify its export markets and to deliver lower carbon energy to the world, for many decades to come.

LNG Canada and its JVPs continue to explore pathways for a potential Phase 2 expansion, which may include the construction of two additional LNG trains, resulting in a total plant capacity of 28 mtpa.

Each LNG Canada joint venture participant will provide its own natural gas supply and individually offtake and market their respective share of liquified natural gas from LNG Canada, starting today.

Prime Minister of Canada Mark Carney:

• Canada has what the world needs. With LNG Canada’s first shipment to Asia, Canada is exporting its energy to reliable partners, diversifying trade, and reducing global emissions - all in partnership with Indigenous Peoples;
• by turning aspiration into action, Canada can become the world’s leading energy superpower with the strongest economy in the G7.

Cederic Cremers, Shell’s President for Integrated Gas said:

• today marks a significant achievement for LNG Canada, with the first shipment of liquified natural gas departing from the facility on Canada’s west coast;
• LNG Canada is a testament to how responsible energy development can create lasting and positive impacts for local communities and First Nations while delivering essential energy to the world.

Today, LNG Canada produces LNG from two processing units, referred to as trains.
LNG Canada is a joint venture comprised of Shell plc, through its affiliate Shell Canada Energy (40%); PETRONAS, through its wholly-owned entity, North Montney LNG Limited Partnership (25%); PetroChina Company Limited, through its subsidiary PetroChina Kitimat LNG Partnership (15%); Mitsubishi Corporation, through its subsidiary Diamond LNG Canada Partnership (15%); and Korea Gas Corporation, through its wholly-owned subsidiary Kogas Canada LNG Partnership (5%). It is operated through LNG Canada Development Inc.