EnergyCanada LNG project to ship gas to Asia as early as 2024
Government subsidies for project aim to reduce reliance on US market
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
August 11, 2019 18:00 JST
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.