Malaysian LNG shipping firm MISC has ordered one 18,700-cbm LNG carrier from China's Hudong-Zhonghua, backed by a 10-year charter deal with a unit of its parent Petronas.
Shell CEO Wael Sawan confirmed on Thursday that the company and its LNG Canada partners expect to take a final investment decision on the second phase of the project by the end of this year.
LNG giant Shell reported a jump in adjusted earnings in the second quarter of this year, while its LNG sales also increased compared to the same period in 2025.
Shell-led LNG Canada has signed an agreement with five northwestern B.C. First Nations, giving them the option to invest up to C$1 billion ($711 million) to acquire an LNG storage tank slated for construction as part of the expansion of its Kitimat LNG export facility on the west coast of Canada.