23 June 2025 | Gas

LNG Canada begins liquefied natural gas production at export facility in Kitimat

LNG Canada begins liquefied natural gas production at export facility in Kitimat

LNG Canada has launched the first phase of its liquefied natural gas (LNG) plant in Kitimat, British Columbia. Production of the first LNG began on the morning of June 22 at the facility’s first processing unit, known as Train 1. The unit has an annual capacity of 5.6 million tons, but it’s currently running at only half that rate due to technical issues with one of its systems.

As reported by Reuters, the launch of this project marks a major milestone for Canada. It’s the country’s first large-scale LNG export terminal. Additionally, the facility’s infrastructure enables direct shipments across the Pacific Ocean. This strategic location significantly reduces delivery times to Asia-Pacific markets compared to US terminals in the Gulf of Mexico. According to the news agency, the first full LNG shipment is expected to be loaded onto the vessel Gaslog Glasgow by the end of June.

The launch of LNG Canada gives Canadian gas producers their first real opportunity to export beyond the United States, which had previously been their only market. The new terminal now allows Canada to redirect a portion of its natural gas supply to Asia.

Period: 14.11.2026 Expectation: 3500 pips
Sell Bitcoin with $75,000 in view
30 October 2026 67
Period: 14.11.2026 Expectation: 150 pips
Go short on SPX down to $7,500
30 October 2026 88
Brent sell
Period: 29.11.2026 Expectation: 450 pips
Brent crude sell-off targets $105
29 October 2026 66
Period: 12.11.2026 Expectation: 28000 pips
Go long on NVIDIA stock up to $243
29 October 2026 67
Period: 28.11.2026 Expectation: 130 pips
Invest in SPX with 7,850 in view
28 October 2026 88
Period: 28.11.2026 Expectation: 4200 pips
Selling EURUSD down to 1.07000
28 October 2026 99
Go to forecasts