LNG Canada Phase 2 FID Doubles Capacity to 28 mtpa, Targets Asian Markets
Published 7 h ago1 sourceEvidence: Reported
Strathcona Resources proposes exporting up to 250,000 bpd of crude from British Columbia's northern coast via rail to a new marine terminal in Prince Rupert, targeting Asian markets. The plan requires Ottawa to exempt the project from its oil tanker ban, a policy reversal that would mark a significant shift in Canadian energy export strategy. The proposal is at an early stage, with the company set to approach the Carney government next week; feasibility and political approval remain uncertain.
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