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Enhanced Investment Co-operation Advances Efforts Around LNG Canada’s Proposed Phase 2 Expansion

| Natural Resources Canada | statements

Today, the Government of Canada, the Government of British Columbia and LNG Canada reached agreement on enhanced investment co-operation and actions to collectively progress closure of final items to support a potential 2026 Final Investment Decision (FID) of LNG Canada’s proposed Phase 2 expansion, a key national and provincial priority project, which was referred by the Prime Minister to the Major Projects Office in September 2025.


Statement from the Minister of Energy and Natural Resources

| Natural Resources Canada | statements

Canada meets our IEA responsibilities through our role as a major producer and exporter of oil to the world. We are the world’s fourth-largest oil supplier and the largest within the IEA. We will support this collective action with 23.6 million Canadian barrels, produced by our industry and co-ordinated with the federal and provincial governments. Our natural gas exports will also expand in the coming months, providing additional fuel to allies around the world.


Statement from the Minister of Energy and Natural Resources

| Natural Resources Canada | statements

Canada meets our IEA responsibilities through our role as a major producer and exporter of oil to the world. We are the world’s fourth-largest oil supplier and the largest within the IEA. We will support this collective action with 23.6 million Canadian barrels, produced by our industry and co-ordinated with the federal and provincial governments. Our natural gas exports will also expand in the coming months, providing additional fuel to allies around the world.


Chairs’ Summary: 2025 G7 Energy and Environment Ministers’ Meeting

| Natural Resources Canada | statements

Five decades after the G7’s founding in 1975, Ministers discussed the strategic role for continued G7 leadership in the context of global multilateral efforts, through domestic and global action and investments, in pursuit of energy and environmental objectives.


G7 Call to Action on Enhancing Energy Security

| Natural Resources Canada | statements

The G7 Ministers of Energy underscore the evolving scope of energy security and its impact on growth, competitiveness, and broader national and economic security


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2025-12-23