Shell doubles down on Canada: LNG Canada Phase 2 turns Kitimat into a 28-million-tonne export hub

LNG Canada, led by Shell, approved a $33 billion expansion to double its LNG production. The project involves Shell, Petronas, PetroChina, Mitsubishi, and Korea Gas. Despite equipment issues, the expansion aims to make it the second-largest LNG facility globally, with construction starting immediately.

Shell and partners approved a C$33 billion expansion for LNG Canada, doubling its production capacity to 28 million tonnes per annum. Shell holds a 40% stake, with commercial operations targeted for the early 2030s. The project is Canada's largest private-sector investment and aims to make it a major LNG exporter.

LNG Canada, a joint venture including Shell and PetroChina, approved a $25B expansion to double its B.C. terminal capacity to 28M tonnes/year. The project, supported by TC Energy's Coastal GasLink pipeline expansion, aims to meet global energy demand amid geopolitical tensions. Critics raise environmental concerns about flaring and climate goals.

LNG Canada partners, including Shell, PETRONAS, PetroChina, Mitsubishi, and KOGAS, approved Phase 2 expansion, doubling capacity to 28 million tonnes annually. Phase 2 adds two liquefaction trains and new infrastructure, with operations expected in the early 2030s. Shell's share will increase its LNG capacity by nearly 6 million tonnes per year, driven by Asian demand. The project is expected to create thousands of jobs and increase Canada's LNG export presence.

Shell has finalized its investment decision on LNG Canada Phase 2, increasing production capacity to 28 mtpa. The project is located in British Columbia.

Shell and partners approved LNG Canada Phase 2, a $23.2B expansion doubling Kitimat plant capacity to 28M tonnes/year. Project includes two liquefaction trains, expected to start operations in early 2030s. Joint venture consists of Shell (40%), PETRONAS (25%), PetroChina (15%), Mitsubishi (15%), and Korea Gas (5%).