LNG Canada Terminal Owners Explore Expansion as First Tanker Departs
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The owners of LNG Canada's terminal, led by Shell, are considering expanding the facility after the first tanker departed its $5.8 billion site in Kitimat, B.C., for Asia. The potential expansion involves adding two more processing units. However, the decision will depend on the competitiveness, affordability, and new greenhouse gas emission limits set by federal and provincial authorities. Shell holds the largest stake at 40%, with other shareholders including Petronas, PetroChina, Mitsubishi, and Kogas.
