Posted on May 31, 2012 - ( views)
Shell, Korea Gas Corporation (KOGAS), Mitsubishi Corporation, and PetroChina Company Limited today announced they are developing a proposed liquefied natural gas (LNG) export facility in Western Canada, near Kitimat, British Columbia. This project will help make Canada’s abundant supplies of cleaner-burning natural gas available to global markets.
Shell holds a 40% interest in the LNG Canada project, with KOGAS, Mitsubishi and PetroChina each holding a 20% interest. The proposed project includes the design, construction and operation of a gas liquefaction plant and facilities for the storage and export of LNG, including marine off-loading facilities and shipping. LNG Canada will initially have two processing units, each with the capacity to produce six million tonnes of LNG annually, with an option to expand the project in the future.
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