Fluor Joint Venture Selected for LNG Canada Phase 2 Expansion Following Final Investment Decision
Key Highlights
- ➤Fluor (FLR) JV receives Notice to Proceed for LNG Canada Phase 2.
- ➤Fluor (FLR) will recognize its US$7.5 billion contract share in fiscal Q3 2026.
- ➤Phase 2 adds one LNG storage tank and two liquefaction trains.
- ➤LNG Canada Phase 2 will double production capacity to approximately 28 million tonnes annually.
Expert Statements
Jim Breuer, Chief Executive Officer of Fluor
“LNG Canada Phase 1 was a landmark achievement for Fluor, and we are excited to carry that momentum into the next chapter.”
Jim Breuer, Chief Executive Officer of Fluor
“The decision to proceed with Phase 2 reflects confidence in Canada’s ability to responsibly develop its natural gas resources and connect them with global markets.”
Jim Breuer, Chief Executive Officer of Fluor
“Our teams will apply the experience and lessons learned from Phase 1 to deliver a successful project.”
Pierre Bechelany, Fluor’s Business Group President of Energy Solutions
“Reaching FID is an important milestone for LNG Canada and Fluor.”
Pierre Bechelany, Fluor’s Business Group President of Energy Solutions
“Our long-standing relationship and successful delivery of Phase 1 provides a strong foundation for the work ahead.”
Pierre Bechelany, Fluor’s Business Group President of Energy Solutions
“As construction progresses, our focus will remain on safety, quality and collaboration with our partners, First Nations and local communities.”
Fluor Joint Venture Selected for LNG Canada Phase 2 Expansion Following Final Investment Decision
Fluor Corporation (NYSE: FLR) announced today that its joint venture with JGC Corporation has been selected to deliver engineering, procurement, fabrication, construction and commissioning for Phase 2 of LNG Canada’s liquified natural gas (LNG) export facility in Kitimat, British Columbia. The joint venture received Notice to Proceed (NTP) following LNG Canada’s final investment decision (FID) yesterday. Fluor will recognize its US$7.5 billion share of the multibillion-dollar contract in the third quarter of fiscal 2026.
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