Shell Races Apache to Exporting LNG From Canada To Asia
From Bloomberg
Royal Dutch Shell Plc (RDSA) is pushing ahead of competitors in the race to be the first exporter of Canadian liquefied natural gas to Asia.
Europe’s largest oil company last week selected Calgary- based TransCanada Corp. (TRP) to build a $4 billion pipeline to carry gas from northeast British Columbia to the Pacific coast. Shell’s partners in the project are Mitsubishi Corp. (8058), Korea Gas Corp. (036460) and PetroChina Co., which are based in the world’s three largest LNG importing markets.
