Combined natural gas production of the equity partners in LNG Canada reached a record 2.26 Bcf/d in November 2024 (combined height of the rightmost colored bars in chart below), a slight gain of 0.01 Bcf/d versus October and 0.4 Bcf/d higher than one year ago. Other than in July due to summer field maintenance, the combined production of the partnership has held at or above 2 Bcf/d during 2024 with November output well above the liquefaction plant’s notional gas intake capacity of 2.1 Bcf/d for a second consecutive month.
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- Analyst Insight
December Gas Production for the LNG Canada Partners Remains Strong
December output for the partners in LNG Canada held near record levels in December 2024. The liquefaction site remains on track for first commercial operations around midyear according to lead operator, Shell.
- Analyst Insight
LNG Canada Gas Production Update and First LNG Exports by July?
Natural gas production attributable to the LNG Canada partners fell slightly in January but still well within the needs of the liquefaction plant. Petronas mentioned in its year end results call that the first LNG export cargo will take place in July.
- Analyst Insight
Holding Strong - LNG Canada Partners’ Gas Production Near Steady in June
LNG Canada partners combined production output held strong above 2 Bcf/d in June. The plant looks to be remaining on track for commissioning very soon.