The Next Cycle of LNG Investments Is Set to Start in Canada - Bloomberg

The Next Cycle of LNG Investments Is Set to Start in Canada - Bloomberg:

The next LNG investment cycle may be primed for a liftoff.

Royal Dutch Shell Plc and its partners are set to announce a final investment decision on their C$40 billion ($31 billion) liquefied natural gas terminal in western Canada as early as next week, Bloomberg reported Wednesday. This would be the first FID for a greenfield, onshore project since Corpus Christi LNG in May 2015, according to Fauziah Marzuki, an analyst at Bloomberg NEF.

“We think 2019 could be the biggest year of LNG FIDs ever,” Nicholas Browne, an analyst with Wood Mackenzie Ltd., said by email.