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BUSINESSBloomberg Markets·5d ago

Abu Dhabi’s XRG Is Said to Eye Stake in Shell-Backed LNG Canada

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Abu Dhabi’s state-owned XRG is reportedly exploring a stake in the Shell-led LNG Canada export project. The move supports the company's objective of becoming a major global natural gas supplier. No deal has been finalized.

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.

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