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Shell-led LNG Canada may decide Phase 2 next month

Shell-led LNG Canada may decide on Phase 2 expansion of its Kitimat, British Columbia facility as early as next month, according to sources. The proposed expansion would add 14 million metric tons per annum (mtpa) of liquefied natural gas (LNG) export capacity to the project, effectively doubling its total capacity to 28 mtpa. The decision will consider factors such as competitiveness, affordability, government support, and stakeholder needs.

The LNG Canada project, led by Shell in partnership with Petronas, PetroChina, Mitsubishi Corp, and KOGAS, is Canada's first large-scale LNG export terminal and a major private-sector investment.

Brief written by urgent.news from The Economic Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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