LNG Canada is the largest private-sector investment in the country’s history and has taken years to get off the ground.
Shell controls a 40% stake in the project, with Petronas holding 25%, PetroChina and Mitsubishi Corp 15% each and Korea Gas Corp 5%
Petronas’ chief executive Tengku Muhammad Taufik stated “Canada is crucial to our ambitions to preserve our position in the LNG space.”
Petronas has sent an LNG carrier to export its first cargoes. The 174,000-cbm Puteri Sejinjang (built 2024) is planned to arrive on 29 June at the new 14-mpta LNG Canada plant near Kitimat on Canada’s west coast.
This will create a huge tailwind for companies operating in the Canadian oil and gas sector, such as Enterprise Group.
My knowledge on terravest is limited to tweets I’ve seen on it. Love your deep dives, they are well written and detailed. I have learnt a lot reading them.
Terravest is a great company with excellent management. They have recently made a huge acquisition.
The businesses are very different. One transports chemicals and gas on the back of trucks, the other provides infrastructure for oil and gas extraction.
Both are good businesses and I would have both in my portfolio, but I feel that Enterprise is at an inflection point that will see accelerated growth in the years ahead without the need for any acquisitions. It will all be organic. It is capital light and so easy to scale.
I hope this helps. I would love to hear your views.
LNG CANADA, NOW ONLY WEEKS AWAY FROM LIFT OFF
LNG Canada is the largest private-sector investment in the country’s history and has taken years to get off the ground.
Shell controls a 40% stake in the project, with Petronas holding 25%, PetroChina and Mitsubishi Corp 15% each and Korea Gas Corp 5%
Petronas’ chief executive Tengku Muhammad Taufik stated “Canada is crucial to our ambitions to preserve our position in the LNG space.”
Petronas has sent an LNG carrier to export its first cargoes. The 174,000-cbm Puteri Sejinjang (built 2024) is planned to arrive on 29 June at the new 14-mpta LNG Canada plant near Kitimat on Canada’s west coast.
This will create a huge tailwind for companies operating in the Canadian oil and gas sector, such as Enterprise Group.
This opinion piece from Energy Now supports my view that Canada is on the verge of something really big: https://energynow.ca/2025/05/opinion-still-not-excited-about-canadian-lng-pull-up-a-chair-resource-works/
You have probably heard of terravest. How do you think enterprise compares?
My knowledge on terravest is limited to tweets I’ve seen on it. Love your deep dives, they are well written and detailed. I have learnt a lot reading them.
Terravest is a great company with excellent management. They have recently made a huge acquisition.
The businesses are very different. One transports chemicals and gas on the back of trucks, the other provides infrastructure for oil and gas extraction.
Both are good businesses and I would have both in my portfolio, but I feel that Enterprise is at an inflection point that will see accelerated growth in the years ahead without the need for any acquisitions. It will all be organic. It is capital light and so easy to scale.
I hope this helps. I would love to hear your views.