StocksMedium•29 September 2026•
1 min read
Shell-led LNG Canada approves Phase 2 expansion
Key Facts
1Shell and its partners approved the Phase 2 expansion of the LNG Canada project in Kitimat, British Columbia.
2The expansion will double the facility's production capacity to 28 million tonnes per annum (mtpa).
Shell and its partners approved the Phase 2 expansion of the LNG Canada project in Kitimat, British Columbia. Reuters reported that the expansion will double the facility's production capacity to 28 million tonnes per annum (mtpa).
SHEL closed at $96.47 on September 28, 2026, after reaching a session high of $97.63. The decision is intended to position Canada as a leading LNG exporter and supports Shell's long-term integrated gas strategy.