LNG Canada Offers First Nations Option to Invest Up to CAD $1 Billion in Phase Two Project

The Shell-led LNG Canada venture has reached an agreement allowing five First Nations groups the option to invest up to C$1 billion (~US$710 million) into infrastructure for phase two of what is described as Canada’s largest liquefied natural gas project. This move could enhance local partnerships and provide significant capital support.

By Carl Surran, SA News Editor · Seeking Alpha ·

LNG Canada Offers First Nations Option to Invest Up to CAD $1 Billion in Phase Two Project

Tickers: $SHEL

Topics: First Nations partnership infrastructure investment LNG

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