LNG Canada Project Announced

Shell Canada Limited and its partners Korea Gas Corporation (KOGAS), Mitsubishi Corporation, and PetroChina Company Limited announced on Tuesday that they are jointly developing a proposed LNG export facility near Kitimat, British Columbia. Shell has a 40-percent working interest in the LNG Canada project, with KOGAS, Mitsubishi and PetroChina each holding 20-percent. The proposed LNG Canada project includes a gas liquefaction plant and facilities for the storage and export of LNG, and will initially consist of two LNG processing trains, each with the capacity to produce six million tonnes of LNG annually, with an option to expand the project in the future.

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