Two weeks ago, it looked as if Canada’s fledgling LNG hopes would finally be resuscitated. Shell’s chief financial officer Jessica Uhl told analysts during the company’s second quarter conference call that the future of the twice-postponed C$40 bn (US$30.75 bn) LNG Canada project slated to be built in British Columbia (BC) near Kitimat was still under study. ” LNG Canada looks very promising and together with our partners we need to finalize consideration of a few key items before we can take a positive final investment decision,” she said. “We see great opportunities but we also have clear expectations when it comes to competitiveness, affordability and returns. We have an attractive portfolio of new supply options … [and] want to select the most competitive source of supply. LNG Canada is the most mature of these options.” If built, the project would be massive, and eventually ship as much as […]