{
  "id": 17805583,
  "title": "Blackstone-led group buys into Mitsubishi subsidiary that holds LNG Canada stake",
  "url": "https://urgent.news/2026/11/02/blackstone-led-group-buys-into-mitsubishi-subsidiary-that-holds-lng",
  "topic": "world",
  "section": "World",
  "published": "2026-11-02T14:11:41.000Z",
  "source": {
    "name": "Winnipeg Free Press",
    "slug": "winnipeg-free-press",
    "url": "https://www.winnipegfreepress.com/business/2026/11/02/blackstone-led-group-buys-into-mitsubishi-subsidiary-that-holds-lng-canada-stake"
  },
  "original_language": "en",
  "account": null,
  "summary": "An investor group led by Blackstone has agreed to invest US$3.1 billion to acquire a 49.9 per cent stake in the Mitsubishi Corp. subsidiary that holds an interest in LNG Canada. The group includes several Canadian institutional investors such as the Canada Pension Plan Investment Board, the Ontario Municipal Employees Retirement System, the Investment Management Corp. of Ontario, and the Public Sector Pension Investment Board. LNG Canada, a joint venture between Shell, PetroChina, Malaysia’s Petronas, Japan’s Mitsubishi Corp., and South Korea’s KOGAS, will see its capacity double to 28 million tonnes a year with the Phase 2 expansion project at its liquefied natural gas export terminal in Kitimat, B.C.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}