Story perspectives
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.
