Mitsubishi Corporation and partner Shell will double liquefaction capacity at a
Canadian LNG project to 28 mtpa from 14 mtpa, Mitsubishi said. First shipments
are due mid-2025; the additional facilities are expected to enter commercial
service in the early 2030s. Mitsubishi, which holds a 15% stake, will fund
JPY500bn (~$3.2bn) of the project, including JPY350bn for construction. The
expansion will rank the project among the world’s largest LNG export plants and
provide additional supply for Asian buyers amid heightened focus on global
energy flow reliability.
