Shell backs $23 billion LNG Canada expansion in boost to Carney's ‘energy superpower’ push

🇨🇦 CNBC (CA) —
Shell backs $23 billion LNG Canada expansion in boost to Carney's ‘energy superpower’ push

AI Summary

Shell is backing a $23 billion expansion of LNG Canada, a project that could significantly increase Canadian liquefied natural gas exports. The investment aligns with Prime Minister Mark Carney's push to position Canada as an energy superpower amid global supply disruptions.

The investment puts Canada on course to become a leading LNG exporter as global supply disruptions sharpen focus on energy security.

Politics Markets Deals Commodities Energy Shell LNG Canada liquefied natural gas expansion energy investment Canadian exports Mark Carney

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