LNG Canada Increases Exports to Asia Amid Supply Crisis
The Shell-led LNG Canada project increased production to near full capacity this month to supply Asian markets. This surge follows global supply disruptions.
Xurve View
Insights:
Xurve View
The LNG Canada project, a venture led by Shell plc, has significantly increased its production and export volumes to Asia this month. This surge comes as the ongoing conflict involving Iran threatens global natural gas supplies, particularly those destined for Asian markets. Data from the London Stock Exchange Group plc indicates that the facility, located in Kitimat, British Columbia, Canada, exported five cargoes within the first 11 days of March, already surpassing half of its total volume from February.
