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Shell-led LNG Canada to decide Phase 2 expansion next month

By Drooid · · How we work

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Story summary
  • Shell-led LNG Canada could decide on Phase 2 expansion as early as next month.
  • Phase 2 would add 14 mtpa, doubling capacity to 28 mtpa.
  • MNT Investments LP, representing five First Nations, can invest up to C$1 billion in Phase 2.
  • The plant shipped its first cargo earlier this year.
  • Asian buyers seek supply security amid Middle East conflict, Red Sea disruptions and Strait of Hormuz uncertainty.