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Fluor–JGC joint venture wins contract for LNG Canada Phase 2 expansion
Fluor and JGC won the multibillion-dollar engineering contract for LNG Canada's Phase 2 expansion in Kitimat, which will double output to about 28 million tonnes a year.
Why it matters
The award locks in construction for the doubling of LNG Canada's export capacity, one of the largest energy projects in Canadian history. Fluor said the Phase 2 expansion will add an LNG storage tank and two new liquefaction trains, raising total capacity to about 28 million tonnes per year — aimed at growing global demand for reliable LNG.
Full report
Fluor Corporation (NYSE: FLR) announced Tuesday that its joint venture with Japan's JGC Corporation has been selected to deliver engineering, procurement, fabrication, construction and commissioning for Phase 2 of LNG Canada's LNG export facility in Kitimat, British Columbia.
The joint venture received the formal notice to proceed following LNG Canada's final investment decision on September 28. The expansion will be built adjacent to the existing Phase 1 facility, which the same joint venture delivered.
Fluor said it will recognize its US$7.5 billion share of the multibillion-dollar contract in the third quarter of fiscal 2026.
"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," said Jim Breuer, Fluor's chief executive officer.
Fluor Corporation, NYSE: FLR, announcement via Business Wire, September 29, 2026; republished by Morningstar and Market Minute.
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