Canada LNG project to ship gas to Asia as early as 2024

Government subsidies for project aim to reduce reliance on US market

20190805 China LNG tanker

A liquefied natural gas tanker floats in port in Zhoushan, in China's Zhejiang Province: The LNG Canada project will ship fuel to PetroChina and other Asian customers. © Reuters

SORA TAKAHASHI, Nikkei staff writer

NEW YORK -- A 40 billion Canadian dollar ($30 billion) project in British Columbia led by Royal Dutch Shell is on track to start exporting liquefied natural gas to Asia as early as 2024, having received a significant financial boost from Canada's federal government.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.