The first cargo of liquefied natural gas has left Canada’s only export facility, LNG Canada, operator Shell said, adding the main market for its Canadian LNG will be Asia. Backed by Shell, Petronas, PetroChina, Mitsubishi, and Kogas, LNG Canada, in Kitimat, British Columbia, will eventually ramp up to 14 million tonnes per annum. That capacity is expected to redirect a portion of Canadian gas exports—currently flowing almost entirely to the U.S.—toward global markets. The price tag of the project is $40 billion. For now, however,…
