Daily Market Updates: Shell backs LNG Canada expansion with $23 billion investment

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Shell backs LNG Canada expansion with $23 billion investment

The project is positioned to make Canada a leading LNG exporter as energy security concerns rise.

Reported · Written up by our desk · Energy

Shell is backing the LNG Canada expansion with a $23 billion investment, CNBC Markets reports.

The deal is intended to move Canada toward becoming a leading liquefied natural gas exporter, with global supply disruptions increasing focus on energy security.

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CNBC MarketsShell backs $23 billion LNG Canada expansion in boost to Carney's ‘energy superpower’ push

Commodities

Shell backs LNG Canada expansion with $23 billion investment

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