Reuters reveals Shells LNG Canada project to delay renewable energy shift

energy

Jan 17, 2023 at 6:47 p.m. 1 minute

Reuters exclusively reported that Shell PLC’s Canadian export project team in British Columbia plans to begin construction of the planned second phase using natural gas-fired turbines and switch to electricity once more renewable energy becomes available. LNG Canada CEO Jason Klein told Reuters in an interview that the lack of transmission infrastructure makes overall electrification of the facility a challenge. As global demand for natural gas from sources other than Russia accelerated following its invasion of Ukraine last year, LNG Canada is considering building a second phase to double its annual capacity to 28 million tons by 2030.

article tags

Topics of interest: energy

Type: Reuters best

Sectors: corporate finance

Regions: North America

Countries: Canada

Types of prizes: exclusivity

Story Types: Exclusive / Scoop

Media Types: text

Impact on the customer: Great Global Story