LNG Canada Ticking the Boxes Toward Approval, Servicers Say

The prospects for a massive gas export plant on Canada’s Pacific Coast are looking bright, according to executives of service companies that would have a hand in supporting the facility. LNG Canada, the Royal Dutch Shell Plc-led group that’s considering building a C$40 billion ($30 billion) liquefied natural gas facility in British Columbia, is giving every indication that it’s planning to approve the project, the executives said at a panel in Calgary on Wednesday. A flurry of activity this year in the remote Pacific town of Kitimat, where the facility would be located, has raised optimism that the project will be built, giving Canada a long-sought way to export its energy products to Asia.