Shell oil abandons gas installation plan in Canada

According to Panorama Offshore has been following and heralding the Anglo-Dutch oil company Shell, has been carrying out several actions in order to recover the oil crisis and shoot down its debt in the market. Among these procedures, the company created a disinvestments plan that has been followed to the letter this year.

The last action announced by Shell was the cancellation of liquefied natural gas installation plan (LNG) in Prince Rupert, Canada. The project, to be located in the south of Ridley Island, was inherited by the company when it acquired gas company BG Group in 2016.

However, Shell has confirmed its commitment to other Canadian LNG project, a joint venture of US $ 40 billion LNG Canada in Kitimat, on the northern coast of British Columbia region.





20 thoughts on “Shell oil abandons gas installation plan in Canada

Leave a Reply