{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Energy Markets Daily","title":"Geographic Spotlight: British Columbia","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/af332545\"></iframe>","width":"100%","height":180,"duration":163,"description":"Wednesday, July 22, 2026. BRITISH COLUMBIA ENERGY MARKET OVERVIEW. BC is Canada's leading natural gas producer and minor crude oil producer; emerging as major LNG exporter. NATURAL GAS PRODUCTION: BC natural gas 2025 7.4 Bcf/d (up 4.8% YoY; largest provincial increase). BC's share Canadian gas production ~39-40% (2025). BC's share growth from ~13% in 2000 to 40% in 2025 (more than doubled since 2010). National marketable gas ~18.8 Bcf/d (2026). MONTNEY FORMATION: Accounts for ~87% of producing wells and 86.9% of 2021 production; ~87% of BC gas. STATISTICS CANADA (MARCH 2026): Marketable natural gas production rose 5.6% YoY nationally to 755.1M gigajoules; BC contributed largest increase (+13.8% YoY). BC GAS PRODUCTION GROWTH: Rose 28% in five years to ~2021; 136% since 2005. Recent growth >2.5 Bcf/d since 2018. CRUDE OIL PRODUCTION: BC crude oil minimal (~0.1-0.3M bbl/d range). National crude oil edged up 0.2% nationally (Statistics Canada March 2026). LNG EXPORTS: LNG Canada Phase 1 (Kitimat) 14 MTPA facility; first export cargo loaded Jun 30, 2025; Train 2 entered production Nov 2025; ramping toward full Phase 1 capacity (1.84 Bcf/d) into 2026. LNG CANADA PHASE 2: Joint venture participants approved funding in 2026 for potential FID by year-end; project would double capacity to 28 MTPA; designated \"project of national interest\". FEDERAL-PROVINCIAL ACCELERATION AGREEMENT (JUL 2026): Canada and BC signed Cooperative Prosperity Agreement to fast-track permitting/financing/construction of four priority LNG projects: LNG Canada Phase 2, Ksi Lisims LNG, Cedar LNG, Woodfibre LNG. WOODFIBRE LNG: Near Squamish; 2.1 MTPA project under construction; expected online 2027. CEDAR LNG: Kitimat; floating LNG facility (3 MTPA); positive FID 2024; early construction underway; targeted in-service late 2028. KSI LISIMS LNG: Proposed 1.6-1.8 Bcf/d project; FID expected early 2026; designated \"project of national interest\". TILBURY LNG: FortisBC facility exports small volumes; Phase...","thumbnail_url":"https://img.transistorcdn.com/U36G3q8LRcUNVnqsKxxoyD29VrpCUp_hS1pTIecj8QA/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kNzMw/ZTFlZDQ2NTZmYTAw/YzVkZDJiYzQyNTQw/ODQ5MS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}