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Hanwha Ocean signs non-binding MoU for $15.7bn Kanata FLNG project in Canada Commodities
Energy & Petrochemicals #hanwha ocean#flng

Hanwha Ocean signs non-binding MoU for $15.7bn Kanata FLNG project in Canada

Hanwha Ocean has signed a non-binding memorandum of understanding with Kanata Clean Power & Climate Technologies for the proposed Kanata FLNG project in Prince Rupert, British Columbia. The floating LNG export project is expected to have a capacity of up to 12 million tonnes per year with an estimated capital expenditure of about $15.7 billion.

Jun 22, 2026 1 source