Canada fast-tracks five major energy and mining projects

The Canadian government aims to reduce approval delays for strategic projects, including liquefied natural gas, nuclear and mining operations, amid growing trade tensions with the United States.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

The Canadian federal government has identified five major industrial projects eligible for accelerated approval processes, as part of efforts to strengthen the country’s economic independence. The move comes as Canada seeks to reduce its reliance on the United States amid increasing tariff pressure.

Among the selected projects is the expansion of the LNG Canada liquefied natural gas (LNG) facility in British Columbia. Led by Shell, the project aims to double the site’s current production capacity. The government intends to facilitate a swift increase in LNG exports to Asia, bypassing the more trade-sensitive North American markets.

Mining and nuclear energy included in national priorities

Two mining projects are also included on the fast-track list. These are the expansion of the Red Chris gold and copper mine operated by Newmont, and the construction of a new copper mine in Saskatchewan by Foran. These initiatives are part of Canada’s strategy to secure supplies of critical minerals, considered essential for industrial and energy supply chains.

In parallel, a small modular nuclear reactor (SMR) project in Ontario has been selected, reflecting an intent to further integrate this technology into the national energy mix. The facility would aim to strengthen low-emission electricity generation while improving grid resilience.

Port infrastructure and simplified regulatory framework

The expansion of the Montreal container port terminal rounds out the list of projects. This extension is intended to support growing maritime trade and relieve pressure on existing infrastructure. The federal government plans close coordination between relevant ministries to speed up environmental assessments, permitting, and consultation processes.

A major projects office has been established to oversee these procedures, tasked with significantly reducing administrative delays. According to authorities, it previously took up to ten years to secure all necessary approvals for mining or energy developments. The reform aims to cut these delays to levels aligned with economic and industrial demands.

Canadian Prime Minister Mark Carney stated that the country must recover its ability to deliver large-scale infrastructure quickly. “We used to build big things, and we used to build them quickly. It’s time to get back at it,” he said during a televised press conference.

Baker Hughes has secured a contract from Bechtel to provide gas turbines and compressors for the second phase of Sempra Infrastructure’s LNG export project in Texas.
Targa Resources will build a 500,000 barrels-per-day pipeline in the Permian Basin to connect its assets to Mont Belvieu, strengthening its logistics network with commissioning scheduled for the third quarter of 2027.
Brazilian holding J&F Investimentos is in talks to acquire EDF’s Norte Fluminense thermal plant, valued up to BRL2bn ($374 million), as energy-related M&A activity surges across the country.
Chevron has appointed Bank of America to manage the sale of pipeline infrastructure in the Denver-Julesburg basin, targeting a valuation of over $2 billion, according to sources familiar with the matter.
Hungary has signed a ten-year agreement with Engie for the annual import of 400 mn m³ of liquefied natural gas starting in 2028, reinforcing its energy diversification strategy despite its ongoing reliance on Russian gas.
Wanted by Germany for his alleged role in the 2022 sabotage of the Nord Stream pipelines, a Ukrainian has been arrested in Poland and placed in provisional detention pending possible extradition.
An unprecedented overnight offensive targeted gas infrastructure in Ukraine, damaging several key facilities in the Kharkiv and Poltava regions, according to Ukrainian authorities.
The Dunkirk LNG terminal, the second largest in continental Europe, is seeing reduced capacity due to a nationwide strike disrupting all French LNG infrastructure.
Russia’s liquefied natural gas output will increase steadily through 2027 under the national energy development plan, despite a 6% drop recorded in the first eight months of 2024.
QatarEnergy has signed a long-term contract with Messer to supply 100 million cubic feet of helium per year, strengthening Doha’s position as a key player in this strategic market.
US-based fund KKR has acquired a minority interest in the gas pipeline assets of Abu Dhabi oil operator ADNOC, continuing its strategy to expand energy infrastructure investments in the Middle East.
Shell UK has started production at the Victory field north of Shetland, integrating its volumes into the national gas network through existing infrastructure to strengthen UK supply.
Exxon is seeking direct support from the Mozambican government to secure its Rovuma LNG project, as Islamist violence continues to hinder investment in the country’s north.
Chevron has signed a $690 million agreement with Equatorial Guinea to develop gas from the Aseng field, amid a long-term decline in national oil production and a search for new economic drivers.
TotalEnergies has set 2029 as the restart date for its Mozambique LNG project, frozen since 2021, delaying the exploitation of a strategic investment worth more than $20bn in liquefied natural gas.
The establishment of a dedicated entity marks a new phase for the Nigeria-Morocco pipeline, with tenders and the final investment decision expected by the end of 2025.
The European ban on Russian liquefied natural gas from 2027 is pushing Siberian producers to reorient their flows to Asia, despite logistical and regulatory constraints.
Caturus Energy has signed a multi-year contract with Nabors Industries to deploy a next-generation onshore rig, aimed at supporting the expansion of its gas output in the Eagle Ford and Austin Chalk formations in Texas.
Trinity Gas Storage partners with Intercontinental Exchange to open two new trading points at its Bethel site, strengthening East Texas’s strategic appeal in the U.S. gas market.
The Egyptian government is accelerating the deployment of its gas network and the conversion of vehicles to CNG, strengthening infrastructure despite a decline in domestic production.