Asian energy groups join Shell in $14bn Canada LNG project

Mitsubishi, PetroChina and Petronas to supply energy-hungry Asia

20181002N Canada LNG site (Reuters)

The Canada LNG project is to be developed in northwestern British Columbia, which will offer short transport times to Asia.

YOHEI MURAMATSU and YUTA SUGIURA, Nikkei staff writers

TOKYO -- Malaysia's Petronas will join PetroChina, Japan's Mitsubishi Corp. and Korea Gas in a $14 billion Canadian liquefied natural gas joint venture with Royal Dutch Shell, the companies said Tuesday, in a project seen helping provide Asia with stable supplies of the fuel.

Sponsored Content

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