Canada is ramping up liquefied natural gas (LNG) Infrastructure to boosts exports that will help rank it as the 8th largest exporter of the fuel, just behind Nigeria and threatening the West Africa nations major export markets to the East.
Shell Plc has started exports from Canada’s first LNG project, helping to meet rising Asian demand and extending its position in the global LNG market.
“We very much see it as a very strategic location on the Pacific coast,” Cederic Cremers, Shell’s president of integrated gas, said in an interview. It “connects very cost-competitive upstream gas from British Columbia to growing Asian demand,” he said.
A second production unit, known as a train, will start up later this year, and the 14 million-ton-a-year facility will reach full capacity in 2026, Cremers said.
Once both trains are online, Canada would rank eighth in global LNG exports, behind Nigeria, data compiled by Bloomberg show.
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