Shell’s $16.4 Billion ARC Resources Deal Puts Canada LNG Back in the Spotlight
Shell’s move to acquire ARC Resources is thrusting Canada’s Montney shale into the LNG spotlight again. LNG Canada shipped over 1 million metric tons in April—a first for the project in a single month. If the US$16.4 billion deal goes through, Shell will secure more gas near its Pacific Coast terminal, which is already delivering cargoes to Asia.
