LNG

FID on LNG Canada’s second phase unlikely for some years – Shell

Shell and its partners in LNG Canada are unlikely to take an FID on the project’s second phase for a few more years, a company executive has said.
By Staff reporter 2 November 2018 0 33160

Shell and its partners in LNG Canada are unlikely to take an FID on the project’s second phase for a few more years, Reuters reported Michael Crothers, president of Shell Canada, as saying on Thursday.

“I’m sure Shell leadership would like to see demonstrated performance before we start to consider this too closely. So that’s still probably a few years away,” Crothers said.

The first phase of the C$41 billion ($31.3 billion) project reached FID in October. Shell expects to see...