Asian Energy Giants, Shell To Move Ahead On Canadian LNG Project

From Washington Post

Asian energy giant PetroChina plans to join with Shell Canada and major energy companies in Japan and South Korea in developing a liquefied natural gas export project in British Columbia.

Shell will hold a 40 percent stake in the project, with Korea Gas Corp., Mitsubishi Corp. and PetroChina Co. each holding 20 percent shares, the Chinese state oil and gas company said Wednesday.

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