Shell group backs $23bn LNG Canada expansion
A Shell-led consortium approved a $23 billion expansion of the LNG Canada project. The second phase is expected to double the flagship liquefied-natural-gas facility’s production and export capacity. The available RSS reports did not provide a construction timetable, financing breakdown or revised date for the expanded plant to begin operating.
Why it matters
The decision commits major capital to Canadian gas exports despite uncertainty around future energy demand.
Sources
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Part of the September 30, 2026 brief.