Core Viewpoint - Shell and Mitsubishi Corp are considering selling their stakes in the C$40 billion ($28.8 billion) LNG Canada project, indicating a potential shift in their investment strategies in the LNG sector [1] Group 1: Company Actions - Shell and Mitsubishi Corp are exploring sale options for their respective stakes in the LNG Canada project [1] - The project is valued at C$40 billion, equivalent to $28.8 billion, highlighting its significant scale in the LNG market [1] Group 2: Market Implications - The potential sale of stakes by these major companies could impact the LNG market dynamics and investment landscape [1] - This move may reflect broader trends in the energy sector, particularly in relation to LNG investments and partnerships [1]
Exclusive: Shell, Mitsubishi exploring sale options for their stakes in LNG Canada, sources say