RBN estimates that combined natural gas production of the equity partners in LNG Canada fell a modest 0.08 Bcf/d in August 2023 to 1.59 Bcf/d (combined height of the colored bars in top chart below). The small pullback was mostly attributable to a decrease in production reported by Shell Canada (blue bar). After factoring in the 0.15 Bcf/d supply commitment from ARC Resources, August production available to LNG Canada was estimated to be 1.74 Bcf/d.
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- Analyst Insight
LNG Canada Partners’ July Gas Production Recovery Led Solely by Petronas
Petronas led a July 2023 recovery in gas production for the LNG Canada partnership, sending output to just short of the record production reached in April 2023. RBN believes that first gas could be flowing to LNG Canada in less than one year.
- Analyst Insight
LNG Canada Partners’ October Gas Production Pushes to Record High
Natural gas production for the equity partners in LNG Canada reached a record high in October. Production appears to be on track for the partnership to achieve its 2.1 Bcf/d supply commitment to LNG Canada by early 2024.
- Analyst Insight
LNG Canada Partners’ November Gas Production Continues Uneven Progress Toward Project Start Up
November gas production for the LNG Canada partners fell slightly in November versus October, but the uneven upward trend toward the 2.1 Bcf/d supply commitment to the LNG Canada project remains in place.
