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The Economic Times

Business / The Economic Times

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Shell-led LNG Canada partners may take Phase 2 FID as early as October

LNG Canada partners may decide on a Phase 2 expansion next month. This expansion would double the facility's export capacity to twenty-eight million metric tons. Asian buyers seek supply security amid global shipping disruptions and conflicts. Tight global markets and demand growth drive interest in new LNG projects. Indigenous communities have an option to invest up to one billion Canadian dollars.

18 Sep 2026 8:43 am