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2018-10-03 08:20:00

SHELL LNG INVESTMENT: $30 BLN

SHELL LNG INVESTMENT: $30 BLN

SHELL - Shell Canada Energy, an affiliate of Royal Dutch Shell plc ("Shell"), today announced it has taken a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada, in which Shell has a 40% working interest. With LNG Canada's joint venture participants also having taken FID, construction will start immediately with first LNG expected before the middle of the next decade.

Shell's 40% share of the project's capital cost is within the company's current overall capital investment guidance…

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Tags: SHELL, LNG, INVESTMENT, CANADA

Chronicle:

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