1 July | 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
Brent sell
Period: 26.12.2025 Expectation: 210 pips
Supply glut limits Brent crude growth
Yesterday at 11:26 AM 12
Period: 02.01.2026 Expectation: 1000 pips
AUDCAD eyes another move from range floor to ceiling
Yesterday at 09:29 AM 20
Period: 31.12.2025 Expectation: 180 pips
EURUSD selloff targets 1.1700
Yesterday at 08:54 AM 14
Period: 26.12.2025 Expectation: 870 pips
GBPUSD ignores BoE comments and stays in consolidation
Yesterday at 06:00 AM 14
Period: 28.02.2026 Expectation: 20000 pips
Correction may push BTCUSD down to $66,000
Yesterday at 04:42 AM 16
Period: 25.12.2025 Expectation: 20000 pips
Investing in ETHUSD on confirmed bounce from key support
18 December 2025 55
Go to forecasts