LNG Canada Eyes October Decision on Phase 2 Expansion
Partners in the Shell-led LNG Canada project could approve a major Phase 2 expansion by early October. The move would double export capacity to 28 million metric tons annually amid rising global demand.
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Partners in the SHELL PLC-led LNG Canada export project could reach a final investment decision on its Phase 2 expansion by early October, people familiar with the matter said during the late evening. The expansion would add 14 million metric tons per annum of liquefied natural gas export capacity in Canada's Kitimat, doubling total output to 28 mtpa. The proposal arrives as global buyers navigate supply constraints and seek alternatives for Natural Gas.
