Canada Invests C$200M in Woodfibre LNG
Canada will invest 200 million Canadian dollars in the Woodfibre LNG project to increase its capacity by up to 24 percent. The funding supports cooling system upgrades and floating storage tanks as operations near a late 2027 target.
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Canada will invest C$200 million ($140 million) in the Woodfibre LNG project, increasing planned capacity by up to 24%. The funding targets the export facility under construction near Squamish, British Columbia. The upgrade strengthens export capabilities for Natural Gas ahead of scheduled operations.
