05:47:59 EST Sat 07 Feb 2026
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Ovintiv Inc
Symbol OVV
Shares Issued 256,532,099
Close 2025-10-20 C$ 50.90
Market Cap C$ 13,057,483,839
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FP says CNRL, rivals hear LNG shipments behind schedule

2025-10-20 09:03 ET - In the News

See In the News (C-CNQ) Canadian Natural Resources Ltd

The Financial Post reports in its Saturday edition that the number of tankers carrying liquefied natural gas from LNG Canada's terminal fell short of analysts' expectations last month, as technical hiccups have slowed the B.C. facility's start-up at a tough time for Western Canada gas producers. The Post's Meghan Potkins writes that just five vessels sailed from the terminal in Kitimat during September, LNG Canada has confirmed. It was short of the seven that had been expected, RBC Capital Markets said in a note that pointed to a slower ramp-up of production at the Shell PLC-led project since operations began in July. Roughly 15 tankers per month will be required once the facility reaches full capacity. "For the last few months LNG Canada has been behind expectations," said Ian Archer at S&P Global. "There's been one or two LNG tankers kind of consistently floating off the coast of Haida Gwaii, waiting to be loaded, which suggests that the ships were scheduled at a certain rate, but the LNG facility output was disappointing." Technical issues have slowed the ramp-up of production at the terminal, though the second of the facility's two giant gas processing units, known as Train 2, has begun the process of starting up.

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