Shell-led consortium greenlights $23bn LNG Canada expansion that will double the project's export capacity

From the Newshound archive · first published 29 September 2026.

A Shell-led consortium has approved a $23bn Phase 2 expansion of the LNG Canada project, a move that will double its liquefied natural gas export capacity. The decision marks one of the largest energy investment commitments in Canada in years, cementing the country's role as a major LNG supplier.

The Phase 2 greenlight doubles LNG Canada's export capacity, significantly boosting North American gas shipments to global markets.

The $23bn investment underlines Big Oil's continued appetite for major LNG infrastructure despite net-zero pressure from governments.