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New wells reporting:
- Friday, August 14, 2026: 28 for the month, 69 for the quarter, 413 for the year,
- None.
- Thursday, August 13, 2026: 28 for the month, 69 for the quarter, 413 for the year,
- 42166, conf, Slawson, Shad Rap Federal 4-2-3H,
RBN Energy: slow to start on LNG exports, Canada now has its pedal to the metal. Link here. Archived.
LNG Canada, Canada’s first large-scale LNG export terminal, didn’t load its first cargo of liquefied natural gas until June 2025, more than nine years after Sabine Pass LNG was up and running in Louisiana. But while the U.S. Gulf Coast had a big head start — and is now in the midst of another wave of LNG export project development — Canada is finally firing on all cylinders, with plans to more than triple its current export capacity of 14 MMtpa (1.8 Bcf/d) by the early 2030s. In today’s RBN blog, we’ll begin an examination of several planned projects on Canada’s west coast and why the U.S.’s northern neighbor is, at long last, building a lot more LNG export capacity.
There are at least a few reasons why the U.S. went “from zero to 60 in 3.5” (as Rihanna put it in “Shut Up and Drive”) in developing LNG export projects in the mid-to-late 2010s. For one thing, the Gulf Coast in particular had a stockpile of LNG import terminals that had been constructed just a few years earlier, when the U.S. thought it would soon need to start shipping in LNG from overseas. Those terminals (and the natural gas pipelines built to move their imported gas to market) provided a good bit of the infrastructure that would be needed for LNG export terminals. Also, the Federal Energy Regulatory Commission (FERC) and state regulators along the Gulf Coast were (and still are) supportive of LNG export development, and getting new pipelines built in Texas and Louisiana was (and still is) easy-peasy.
It was a different story in Canada, which had no LNG import terminals along the British Columbia (BC) coast to repurpose for exports and next-to-no gas pipeline capacity from its primary gas production region (the Western Canadian Sedimentary Basin, or WCSB) to potential export sites. In addition, LNG export projects needed to clear a number of Canadian and BC regulatory hurdles and were opposed by many indigenous First Nations groups whose ancestral lands would be impacted by pipeline and/or terminal development.
It took a long time — 14 years from project announcement to first cargo — but the 14-MMtpa (1.8 Bcf/d) first phase of LNG Canada (see photo below) was finally commissioned 14 months ago by co-owners Shell (a 40% stake and the project operator), Petronas (25%), PetroChina Co. Ltd. (15%), Mitsubishi Corp. (15%) and Korea Gas Corp. (KOGAS, 5%). And it took almost 12 years for TC Energy (a 35% stake) and its financial partners (KKR and AIMCo; 32.5% each) to complete the 2.1-Bcf/d first phase of their Coastal GasLink system, a 416-mile pipeline that runs from the gas-rich Montney Formation in northeastern BC to the LNG Canada site in Kitimat.
