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.
“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.”