Royal Dutch Shell is pressing ahead with a major liquefied natural gas (LNG) project in Canada as it looks to take advantage of abundant reserves and a shorter route to Asia. Royal Dutch Shell is pressing ahead with a major liquefied natural gas (LNG) project in Canada as it looks to take advantage of abundant reserves and a shorter route to Asia. Hear from our Gas & New Energies director Maarten Wetselaar why this is the right project 🇨🇦 in the right place 📍at the right time ⌚ #LNG pic.twitter.com/RSjjDaUtQw — Shell (@Shell) October 2, 2018Shell has a 40% stake in the project, with the joint venture shared by Petronas, PetroChina, Mitsubishi Corporation, and Korea Gas Corporation. Royal Dutch Shell chief executive Ben van Beurden said ‘LNG Canada is the right project, in the right place, at the right time’ (Daniel Lynch/Newscast/PA)Shell’s chief executive, Ben van Beurden, said: “We believe LNG Canada is the right project, in the right place, at the right time. “Supplying natural gas over the coming decades will be critical as the world transitions to a lower carbon energy system.

Source: Irish Independent October 02, 2018 07:52 UTC