RBN estimates that the combined natural gas production of the equity partners in LNG Canada rose 0.08 Bcf/d in February to a record 2.10 Bcf/d (combined height of the rightmost colored bars in top chart below) and appears to be consolidating production above 2 Bcf/d. The new record surpasses the previous record set in the prior month at 2.02 Bcf/d. Note that we include the 0.15 Bcf/d gas supply commitment of ARC Resources to Shell Canada as part of Shell’s estimated total production. For the first time, February’s combined output from the partnership placed it at the 2.1 Bcf/d threshold for gas supplies to be committed to LNG Canada.
Featured Articles
- Analyst Insight
Almost Gametime - LNG Canada Partners' Gas Production Holds Steady Ahead of Testing Phase
Gas production from the LNG Canada partners held above 2 Bcf/d in April and looking to be ready to send gas to the liquefaction plant this month or next.
- Analyst Insight
LNG Canada Partners’ Gas Production Sets Another Record to Kick Off 2024
LNG Canada partners' gas production set another record in January and is, for all intents and purposes, now matching LNG Canada's committed gas intake volume. RBN expects first gas to flow to LNG Canada by mid-year.
- Analyst Insight
LNG Canada Partners’ December Gas Production Achieves New Record to Close out 2023
Combined natural gas production for the equity partners in LNG Canada reached a new record in December 2023 of 1.93 Bcf/d. The partnership remains firmly on track to reach the 2.1 Bcf/d intake threshold for LNG Canada later this year.
