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Extreme Winter Conditions Delay Petronas' First Canadian LNG Shipment
Petronas’ first LNG cargo from the massive LNG Canada project is now expected to sail in July 2025, missing its initial end-2024 target, the company said on Tuesday. The delay is due to extreme winter conditions in British Columbia, which slowed insulation work at the Kitimat facility, as well as earlier labor shortages, according to Petronas EVP Datuk Adif Zulkifli. LNG Canada, a joint venture between Shell (40%), Petronas (25%), Mitsubishi Corp. (15%), Korea Gas Corp. (5%), and PetroChina (15%), will process 1.9 billion cubic feet of natural…
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