LNG Canada Carefully Weighing Second Phase FID as Project Startup Nears, CEO Says

By Jamison Cocklin

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Published in: Daily Gas Price Index Filed under:

There is no timeframe for LNG Canada to sanction its second phase as the project’s partners remain focused on getting the first two trains online after more than a decade of development.

NGI's chart of North American LNG Projects

“The kind of prerequisites are there. We put in a lot of pre-investment into the facility to tie in Phase 2,” CEO Jason Klein told NGI this week on the sidelines of Gastech 2024 in Houston.

“It really comes down to it’s a globally competitive business and our partners are going to look at the capital costs, the delivery costs, the investment climate and their markets, and when they want to make investments in Canada versus other opportunities in the world.”

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Jamison Cocklin

Jamison Cocklin joined the staff of NGI in November 2013 to cover the Appalachian Basin. He was appointed Senior Editor, LNG in October 2019, and then to Managing Editor, LNG in February 2024. Prior to joining NGI, he worked as a business and energy reporter at the Youngstown Vindicator, covering the regional economy and the Utica Shale play. He also served as a city reporter at the Bangor Daily News and did freelance work for the Associated Press. He has a bachelor's degree in journalism and political science from the University of Maine.