Shell considers stake sale to help fund LNG Canada Phase 2

Thursday, 29 January 2026

Shell is weighing options to raise capital for the second phase of its flagship LNG Canada project, including a potential sale of part of its equity stake in the C$40 billion export terminal. People familiar with the talks noted any sell-down is likely to be structured as a project‑level transaction that combines equity and non‑recourse project finance, rather than a full exit from the project.


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