On Tuesday, LNG Canada announced an expansion of the facility’s production capacity, adding two more trains for a total of four on the site, increasing its production from 14 to 28 megatonnes per year once Phase 2 construction is complete, likely in the early 2030s.

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Shell Canada Energy is the majority operator and project leader in Kitimat, holding a 40 per cent stake in LNG Canada.

State-owned PetroChina, the largest oil and gas producer, supplier and global investor in China, is a 15 per cent shareholder. The other three partners in the joint venture are Malaysia’s Petronas (25 per cent), Japan’s Mitsubishi Corporation (15 per cent) and the Korea Gas Corporation, or KOGAS (five per cent).

LNG exported from Kitimat is distributed by these five energy giants to Asian markets, based on their relative stake in the project.