Shell and partners approved Phase 2 of the LNG Canada project, doubling export capacity to 28 million tonnes per annum with operations targeted for the early 2030s. This expansion positions Canada amo
Shareholders approved Shell's plan to double LNG Canada's export capacity to 28 million metric tons annually amid global supply shortages. The expansion targets Asian demand following Middle East geop
Shareholders including Shell are set to approve doubling LNG Canada's capacity to 28 million metric tons annually following a final investment decision. The expansion aims to meet global energy demand
Abu Dhabi’s XRG is exploring an acquisition of a stake in the Shell-led LNG Canada project to expand its natural gas portfolio amid regional supply disruptions. While discussions with partners like Pe
Shell-led LNG Canada partners may reach a final investment decision on Phase 2 expansion by October, doubling total export capacity to 28 million metric tons annually amidst rising global energy secur
Petrovietnam Gas seeks suppliers for a second five-year LNG term contract following its initial deal with Shell. The proposed supply of 250,000-450,000 tons targets the Thi Vai Terminal starting in 20
PetroChina is weighing a partial sale of its 15% stake in LNG Canada to fund facility expansion amidst global supply disruptions. Proceeds from the potential transaction aim to finance Phase 2 while r
LNG Canada offers five First Nations an option to invest up to C$1 billion in a Phase 2 storage tank. The deal supports the facility's expansion to 30 million tonnes per annum and strengthens indigeno
Indigenous groups secured an option to acquire a majority stake in LNG Canada's storage tank infrastructure worth $711 million, supporting the project's potential second-phase expansion. This precedes
Shell forecasts global LNG supply will remain flat in 2026 due to Middle East tensions impacting the Strait of Hormuz, with potential contraction if closures persist. Recovery to growth is expected by
Coastal GasLink plans a C$1 billion two-part bond sale to fund its natural gas pipeline connecting Western Canada to the Shell-led LNG Canada terminal. The financing supports operations as the LNG Can
Atlantic LNG halted Train 4 operations for two months of maintenance, reducing capacity by half during tight global supply conditions. The outage impacts Trinidad's major export facility jointly owned
LNG Canada plans to decide on a Phase 2 expansion by year-end, potentially doubling capacity to 28 million metric tons annually. Partners are finalizing funding and approvals while addressing regulato
Australia mandates LNG exporters reserve 20% of gas for the domestic east coast market starting July next year, impacting Origin, Shell, and Santos projects to stabilize local supply and prices.
LNG Canada exported a record 1 million metric tons in April, mainly to Asia including China and South Korea. The Shell-led joint venture continues its startup process toward full annual capacity.
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