1 July 2025 | Gas

Canada ships first LNG export from Pacific Coast

Canada ships first LNG export from Pacific Coast

According to Reuters, Canada exported its first-ever cargo of liquefied natural gas (LNG) from the Pacific Coast to Asia on Monday. The milestone was announced by a representative of LNG Canada, a joint venture with Shell.

The loading took place at a new plant in British Columbia, with the Gaslog Glasgow tanker departing for Asia. A week earlier, the agency reported that the facility, Canada's first large-scale commercial LNG production plant, had begun successful operations. Exports are expected to reach 14 million tons of LNG per year.

Reuters analysts note this move reflects Canada's intention to diversify its transport routes. Although Canada is the world's fifth-largest natural gas producer and fourth-largest exporter, it has historically supplied most of its volume to the United States. This new access to energy-intensive Asian markets marks a significant step forward for Canadian producers.

Anton Volkov MarketCheese
Period: 03.08.2026 Expectation: 1500 pips
Go short on EURUSD as ECB and Fed meetings take center stage
Yesterday at 11:06 AM 18
Gold sell
Period: 03.07.2026 Expectation: 122 pips
Gold is trying to get back on its feet before Fed meeting
Yesterday at 10:18 AM 23
Period: 03.08.2026 Expectation: 140 pips
Invest in SPX ahead of Fed meeting
Yesterday at 09:38 AM 22
Period: 03.08.2026 Expectation: 3440 pips
Silver is under influence of lower crude prices and weaker dollar
Yesterday at 06:58 AM 13
Period: 24.08.2026 Expectation: 700 pips
Invest in AUDCAD up to 0.99000
24 July 2026 42
Period: 31.07.2026 Expectation: 1700 pips
GBPUSD might keep falling towards lower boundary of descending triangle
24 July 2026 51
Go to forecasts