Combined natural gas production of the equity partners in LNG Canada was estimated to be 2.09 Bcf/d in February (combined height of the rightmost colored bars in chart below), a modest drop from 2.20 Bcf/d recorded in January, and fractionally higher than one year ago. With gas output for the equity partners focused in northeast British Columbia (BC), cold weather during the month with temperatures that were 25% colder than the 30-year average, likely curtailed some production due to wellhead freeze-offs. Combined production of the partnership has held at or above 2 Bcf/d for 13 of the past 15 months with February’s output still meeting the liquefaction plant’s notional gas intake capacity of 2.1 Bcf/d.
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- Analyst Insight
LNG Canada Gas Production Update and Inching Toward First Liquefaction
Gas production for the LNG Canada partners recovered in March from wellhead freeze-offs in February and remains near the notional intake capacity for LNG Canada of 2.1 Bcf/d. Additional commissioning work continues with the first LNG export cargo still expected to take place in July.
- 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
Another Record for LNG Canada Partners’ Gas Production
November gas production from the partners in LNG Canada reached a new record in November 2024 of 2.26 Bcf/d.
