Industrial joint venture leading Canada’s largest LNG export project
LNG Canada’s final investment decision to expand the Kitimat facility has been formalized, increasing capacity to 28 million metric tons a year. The project involves two processing units, an extra storage tank and a new loading berth, with large private investment and a major Coastal GasLink pipeline upgrade.
South Korea is evaluating a proposed $50 billion Alaska LNG project as part of a broader $200 billion investment package announced with the United States. While Washington touts the deal as a boost for energy infrastructure, Seoul is weighing commercial viability and legal compliance amid concerns about the project’s cost, timelines, and long‑term LNG demand.