Shell, which has a 40-per cent working interest, added that funding would come from its capital investment guidance of US$25-30 billion per year.
"Global LNG demand is expected to double by 2035 compared with today, with much of this growth coming from Asia where gas displaces coal."
The other companies in the Kitimat joint venture comprise Petronas, PetroChina, Mitsubishi Corporation, and Korea Gas Corporation.
The project has a 40-year export license and all major environmental permits are in place for both the plant and the pipeline, according to Shell.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)