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Market Chatter: Shell's LNG Canada JV Facing Technical Problems as it Ramps Production
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Market Chatter: Shell's LNG Canada JV Facing Technical Problems as it Ramps Production
Jul 30, 2025 7:29 AM

10:13 AM EDT, 07/30/2025 (MT Newswires) -- Shell-led (SHEL) LNG Canada is facing technical problems as it ramps up production at its liquefied natural gas plant at Kitimat, Canada, Reuters reported Tuesday, citing four sources familiar with the matter.

LNG Canada's Train 1 is said to have experienced technical issues with a gas turbine and a refrigerant production unit, with one LNG tanker being diverted away from the facility without the fuel in recent days, according to the report.

Canada's first major export facility, LNG Canada, took almost seven years to build and is operating at less than half the capacity of its first plant, Reuters said.

LNG Canada is a joint venture between Shell, Malaysia's Petronas, PetroChina, Japan's Mitsubishi Corp, and South Korea's KOGAS, Reuters said.

Shell and LNG Canada did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 71.60, Change: -1.51, Percent Change: -2.07

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