Canada’s Massive LNG Project Gets A Go Ahead

  • Oct 03, 2018 AEST
  • Team Kalkine
Canada’s Massive LNG Project Gets A Go Ahead

A C$40 billion liquified natural gas (LNG) project in Canada has received final approval from Anglo-Dutch giant and its stakeholders on Tuesday, thereby marking the first major victory in Canada’s energy sector over the past couple of years.

The first shipment of super chilled fuel from Royal Dutch Shell led LNG Canada project is expected before 2025, targeting to meet the rising demand of Asian buyers, mainly China. Also, it has been stated that all the regulatory approvals required to start building both the terminal and the pipeline are well in place.

Under the leadership of Justin Trudeau, the energy sector has not witnessed many outright victories in the recent years. But the LNG Canada has marked the biggest win in the Canadian history outlining the largest private sector investment of C$40 billion.

Director, North America gas at Wood Mackenzie, Dulles Wang stated that it looks like that mega-projects are back. In the same email note, he added that LNG Canada gas export project is the biggest greenfield project to be approved globally after Russia’s Yamal LNG in 2013.  

Prime Minister Justin Trudeau told that construction of LNG Canada will start immediately in the northern community of Kitimat, British Columbia. He further stated that the country cannot build energy projects like the earlier days where the environment and economy have been moving adversely. “They must go together.”

The project’s mega price of C$40 billion includes the export terminal, the related pipeline, pre-construction and site work, and the carrying costs. The construction of the pipeline which will carry natural gas from the Montney gas-producing region of British Columbia and Alberta to the LNG Canada facility is expected to begin in early 2019 by the pipeline operator TransCanada Corp.

With the development of this project, LNG will reach Asia faster, with approximately half the time it takes from the U.S. Gulf Coast stated LNG Canada. Under the transition phase where gas is being displaced by coal in Asia, the global LNG demand is expected to grow to double by 2035.

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.


All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK