Shell Doubles Canadian LNG Capacity Amid Surging Asian Demand

Shell's LNG Canada expansion project has received final investment approval, doubling its production capacity to 28 million tons per annum (mtpa) by the early 2030s.

The multibillion-dollar expansion will add two new processing trains and extra storage in British Columbia, allowing Shell to supply cost-competitive gas to Asian markets where demand is expected to surge.

Shell has a 40% interest in LNG Canada and will receive nearly 6 mtpa of additional LNG from the expansion. The company emphasizes that this investment is expected to generate double-digit returns while supporting long-term cash flow growth.