Royal Dutch Shell along with Mitsubishi Corporation, China National Petroleum Corporation and Korea Gas Corporation officially launched the Liquefied Natural Gas (LNG) terminal project in Western Canada, near Kitimat, British Columbia. The project, which is expected to come online by the end of 2020, involves the design, construction and operation of a gas liquefaction unit as well as LNG facilities for storage, export and marine off-loading facilities and shipping purposes. The initial phase of the venture will have two LNG processing units or trains.
Each unit will have an annual production capacity of 6 Mt of LNG, with the possibility of expansion in the future. Shell controls 40% interest of the venture, while the other three companies have an equal share of 20%. Apart from this venture, the Kitimat area also holds two planned liquefaction projects – Kitimat LNG that is controlled by Apache Corp, Encana Corp and EOG Resources; and BC LNG, monitored by a 13-member private cooperative.
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