Shell backs $23 billion LNG Canada expansion in boost to Carney's ‘energy superpower’ push
Why now
Thesis: Shell backs major LNG Canada expansion
Catalyst to watch: Final investment decision and construction
Main risk: Cost overruns and project delays
Why it matters
A $23 billion LNG Canada expansion boosts export capacity and energy-security positioning amid supply disruptions.
Details
The investment puts Canada on course to become a leading LNG exporter as global supply disruptions sharpen focus on energy security.
Sources
- cnbc · 2026-09-29 10:32 UTC