Fluor Joint Venture Hands Over Second Production Train to LNG Canada

Core Insights - Fluor Corporation, in partnership with JGC Corporation, has successfully completed Train 2 of the LNG Canada Project, marking the completion of the first phase of Canada's first LNG mega-project in Kitimat, British Columbia [1][2] Group 1: Project Completion and Significance - The handover of Train 2 demonstrates the commitment to safety, quality, and schedule performance by the workforce involved in the project [2] - The LNG Canada facility is designed to export Canadian natural gas to global markets, emphasizing environmental performance, Indigenous engagement, and economic development in British Columbia [2][3] Group 2: Economic Impact - Over $3.3 billion CAD has been spent on goods and services contracted with Indigenous businesses and joint ventures, along with more than $550 million CAD with local area businesses [2] - The facility has an annual production capacity of up to 14 million tonnes of LNG, benefiting from access to abundant natural gas and an ice-free harbor [3] Group 3: Joint Venture Structure - LNG Canada is a joint venture involving multiple stakeholders: Shell (40%), PETRONAS (25%), PetroChina (15%), Mitsubishi Corporation (15%), and Korea Gas Corporation (5%) [4] Group 4: Company Background - Fluor Corporation has over 75 years of experience in Canada, providing engineering, procurement, fabrication, and construction services for major projects in various sectors [5] - Fluor reported revenue of $16.3 billion in 2024 and is ranked 257 among Fortune 500 companies [6]