Canada’s LNG Opportunity

Canada is well-positioned to become a leading global supplier of LNG as the demand for reliable sources of natural gas surges around the world. Canada is the world’s fifth-largest producer of natural gas but ranked 19th out of 24 countries in exporting LNG in 2025¹. This will change as Canadian LNG production ramps up over the coming years. Many countries are looking to diversify their supply of LNG, making Canada’s secure, stable and long-term resources increasingly attractive.

Current and proposed Canadian LNG facilities

LNG Canada in Kitimat, BC, is currently Canada’s lone export facility and began operations in June 2025. It has a full capacity of 14 million tonnes per year but could increase to 15 million through operational efficiencies. The proposed Phase 2 expansion would double production. It was one of the first projects referred to Canada’s Major Projects Office (MPO), and a final investment decision on Phase 2 is expected by the end of 2026.