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Shell's $22B ARC Deal Boosts LNG Canada
Description
Shells $22B acquisition of ARC Resources boosts its Montney shale access, potentially expanding LNG Canada plant in Kitimat, BC. Industry experts praise Montneys potential, while environmental groups oppose fossil fuel focus. Canadian LNG projects, like LNG Canada Phase two and Ksi Lisims, poised for approvals amid Middle East supply disruptions and Asia/Europe price surges.
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