LNG Canada Doubles Capacity as Asia Looks Beyond the Gulf | HappeningNow.news

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LNG Canada Doubles Capacity as Asia Looks Beyond the Gulf

Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.

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Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. Last month, Shell (NYSE:SHEL), alongside Malaysia's PETRONAS, China's PetroChina, Mitsubishi Corporation and KOGAS, officially approved the Final Investment Decision (FID) for the LNG Canada Phase 2 expansion project, doubling the facility's capacity to 28 million tons per annum (mtpa) and reinforcing the country's potential as a significant long-term supplier to Asian markets.

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