Shell and Mitsubishi Weigh Selling Stakes in CA$40 Billion LNG Canada Project

Sun, 18 Jan 2026 10:46:28 +0000

The Hague, Sunday 18 January 2026 Shell and Mitsubishi are reportedly consulting advisors to divest equity in the CA$40 billion LNG Canada facility. With a Phase 2 expansion decision due in 2026, Shell may sell up to 30 per cent of the venture, potentially requiring a US$15 billion commitment from buyers to secure the stake and fund future capacity doubling.

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Shell and Mitsubishi Weigh Selling Stakes in CA$40 Billion LNG Canada Project