Long-stalled LNG plant revived as Asia ditches coal

Companies from China, South Korea and Japan have stakes in Canada project

0421N LNG

Work will resume on once-mothballed LNG projects, spurred by a recovery in Asian demand.

Nikkei staff writers

TOKYO -- An international consortium led by Royal Dutch Shell and includes China National Petroleum Corp., Korea Gas and Japanese trading house Mitsubishi Corp. is moving ahead on a long-stalled liquefied natural gas plant in Canada, as environmental concerns drive Asia toward cleaner energy sources.

Japanese plant engineering company JGC and American counterpart Fluor jointly won orders to design and build the project in the British Columbia community of Kitimat on Canada's Pacific coast for an estimated $14 billion.

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