Joint venture plans to expand

LNG Canada, the Kitimat, British Columbia, industrial energy joint venture project led by five companies, including Japan’s Mitsubishi Corporation, has plans to expand. According to a March 16 statement issued by the Canadian Broadcasting Corporation, this is even though the large-scale natural gas export facility has not yet been completed. The current cost of the project is estimated to be more than C$40 billion. LNG Canada Chief Executive Andy Calitz believes that it is just “a matter of time” before the LNG Canada consortium makes a commitment to expanding the site where the natural gas is to be liquefied and from where it will be exported. He refrained from speculating about the cost of the anticipated expansion.

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