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: 13.02.2026 Expectation: 1500 pips
GBPUSD temporarily recovers following BoE rate decision
06 February 2026 27
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 31.07.2026 Expectation: 1000 pips
Buying ETHUSD on major dip
06 February 2026 34
Period: 31.05.2026 Expectation: 30000 pips
Investing in silver for medium term
06 February 2026 28
Brent sell
Period: 13.02.2026 Expectation: 210 pips
Brent crude stabilizes as geopolitical premium fades away
06 February 2026 22
Period: 12.02.2026 Expectation: 25000 pips
Selling ETHUSD when it bounces up to $2,250 resistance
05 February 2026 30
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 31.03.2026 Expectation: 220 pips
Buy SPX starting from $6,820
05 February 2026 36
Go to forecasts