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Shell (SHEL LN)-led LNG Canada Partners could reportedly approve an expansion of Canada’s first major LNG export terminal as early as next month

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Shell completed acquiring ARC Resources to supply Montney gas to integrated LNG projects, coinciding with tightening global LNG supplies and rising Asian spot prices.

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The Phase 2 expansion could be approved by early October Project would double LNG Canada’s capacity to 28mln tonnes per year

1 stocks
SHELShell plc American Depositary Shares (Each represents two Ordinary shares)$95.80Current price

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