Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Shell-led LNG Canada's second processing unit still down, sources say
    Finance

    Shell-Led Lng Canada's Second Processing Unit Still Down, Sources Say

    Published by Global Banking & Finance Review®

    Posted on December 4, 2025

    2 min read

    Last updated: January 20, 2026

    Add as preferred source on Google
    Shell-led LNG Canada's second processing unit still down, sources say - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:oil and gasinvestmentenergy marketfinancial services

    Quick Summary

    LNG Canada's Train 2 remains down, affecting export targets. A restart was planned for December 1, with updates expected soon.

    LNG Canada's Train 2 Delays Continue Amid Restart Efforts

    By Curtis Williams

    HOUSTON, Dec 4 (Reuters) - Shell-led LNG Canada's second processing unit, known as Train 2, remains down nearly a month after its initial start-up, two sources told Reuters. 

    The company said on November 20 that a re-start had been scheduled for December 1 and would last about two weeks.

    A spokesperson for LNG Canada said on Thursday it expects to provide an update later this week.

    Located in Kitimat, British Columbia, the complex is the first major LNG export facility in Canada and the first on North America's West Coast with direct access to Asia, the world's largest market for the liquid fuel. When fully operational, LNG Canada is expected to export 14 million metric tonnes of LNG per year.

    Since starting up in July, the plant has had challenges, with its first train experiencing technical issues involving a gas turbine and refrigerant production unit. The company on November 6 announced it had started production from its second train, but data from financial firm LSEG has not shown an increase in exports since then.

    In both October and November, LNG Canada exported just above half a million tonnes of the superchilled gas, the LSEG data showed.

    LNG Canada is a joint venture between Shell, Malaysia's Petronas, PetroChina, Japan's Mitsubishi Corp and South Korea's KOGAS.

    (Reporting by Curtis Williams in Houston; Additional reporting by Amanda Stephenson in Calgary; editing by Nathan Crooks and Paul Simao)

    Key Takeaways

    • •LNG Canada's Train 2 remains down nearly a month after start-up.
    • •A restart was scheduled for December 1, lasting two weeks.
    • •LNG Canada is the first major LNG export facility in Canada.
    • •The facility aims to export 14 million metric tonnes of LNG annually.
    • •LNG Canada is a joint venture involving Shell and other global partners.

    Frequently Asked Questions about Shell-led LNG Canada's second processing unit still down, sources say

    1What is LNG?

    LNG stands for liquefied natural gas, which is natural gas that has been cooled to a liquid state for ease of storage and transport. It is primarily used for energy generation and heating.

    2What is a processing unit in LNG facilities?

    A processing unit in LNG facilities, such as a train, is a section where natural gas is processed and liquefied. Each unit typically has its own equipment for cooling and compressing the gas.

    3What is a joint venture?

    A joint venture is a business arrangement where two or more parties agree to pool their resources for a specific project or business activity, sharing profits, losses, and control.

    4What are technical issues in LNG production?

    Technical issues in LNG production can include equipment malfunctions, inefficiencies in gas processing, or failures in safety systems, which can delay operations and affect output.

    5What is the significance of LNG exports?

    LNG exports are significant as they allow countries to sell natural gas to international markets, enhancing energy security and generating revenue. They are crucial for meeting global energy demands.

    More from Finance

    Explore more articles in the Finance category

    Image for Netanyahu seeks to avoid snap vote as Iran war gives no boost in polls
    Netanyahu Seeks to Avoid Snap Vote as Iran War Gives No Boost in Polls
    Image for Volkswagen's Skoda brand to end China sales this year
    Volkswagen's Skoda Brand to End China Sales This Year
    Image for Climate investors give BP until April 1 to include resolution, threaten court
    Climate Investors Give Bp Until April 1 to Include Resolution, Threaten Court
    Image for Lille to host EU customs authority charged with fixing e-commerce parcel problems
    Lille to Host EU Customs Authority Charged With Fixing E-Commerce Parcel Problems
    Image for Russia evacuates 163 more staff from Iran's Bushehr nuclear plant, 300 remain
    Russia Evacuates 163 More Staff From Iran's Bushehr Nuclear Plant, 300 Remain
    Image for Hungary's Orban faces pivotal battle against ally-turned-foe
    Hungary's Orban Faces Pivotal Battle Against Ally-Turned-Foe
    Image for German finance minister sets out sweeping reform plans to boost growth
    German Finance Minister Sets Out Sweeping Reform Plans to Boost Growth
    Image for ISS urges investors to reject UniCredit pay report over CEO award
    Iss Urges Investors to Reject UniCredit Pay Report Over CEO Award
    Image for Ex-Google exec Matt Brittin named new BBC boss
    Ex-Google Exec Matt Brittin Named New BBC Boss
    Image for Barclays pulls back on asset-based lending after MFS, Tricolor collapse, Bloomberg News reports
    Barclays Pulls Back on Asset-Based Lending After Mfs, Tricolor Collapse, Bloomberg News Reports
    Image for German chemical union delays wage hikes as war worsens business outlook
    German Chemical Union Delays Wage Hikes as War Worsens Business Outlook
    Image for Germany renews push for sugar tax and energy drinks ban for children
    Germany Renews Push for Sugar Tax and Energy Drinks Ban for Children
    View All Finance Posts
    Previous Finance PostReuters Next - Sap CEO Urges Europe to Unite and Ease AI Rules to Stay Competitive
    Next Finance PostAI's Rise Stirs Excitement, Sparks Job Worries