Abu Dhabi’s XRG Is Said to Eye Stake in Shell-Backed LNG Canada
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Abu Dhabi’s XRG is exploring the acquisition of a stake in the Shell Plc-led LNG Canada export project, as the state-owned group pursues plans to become a major global supplier of natural gas, people familiar with the matter said.
The potential investment reflects XRG's strategy to expand its footprint in the global natural gas market.
XRGShell
Sources
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“Abu Dhabi’s XRG is exploring the acquisition of a stake in the Shell Plc-led LNG Canada export project, as the state-owned group pursues plans to become a major global supplier of natural gas, people familiar with the matter said.”
Bloomberg — Abu Dhabi’s XRG Is Said to Eye Stake in Shell-Backed LNG Canada