LNG Canada Close to Phase Two Expansion

Shell-led LNG Canada partners may take Phase 2 FID as early as October

LNG Canada partners may decide on a Phase 2 expansion next month. This expansion would double the facility's export capacity to twenty-eight million metric tons. Asian buyers seek supply security amid global shipping disruptions and conflicts. Tight global markets and demand growth drive interest in new LNG projects. Indigenous communities have an option to invest up to one billion Canadian dollars.

LNG Canada close to phase two expansion

LNG Canada may soon have a final funding decision for its phase two expansion.

Exclusive-Shell-led LNG Canada could approve Phase 2 expansion by early October, sources say

By Amanda Stephenson, Curtis Williams and Marwa Rashad CALGARY/HOUSTON/LONDON, Sept 17 (Reuters) - Partners in the Shell-led LNG Canada export project could reach a final investment decision on its Phase 2 expansion as early as next month, three people...