The pandemic discombobulated the timeline for the massive natural gas export project underway in British Columbia, but Royal Dutch Shell plc has been able to recoup some of the lost time because most of the construction is in Chinese yards, which are “back and running,” CEO Ben van Beurden said Thursday.
The CEO and CFO Jessica Uhl updated investors about the progress for LNG Canada, the liquefied natural gas (LNG) export project that Shell is leading on the west coast in Kitimat. The executive team also provided some details about the performance of the Integrated Gas segment and the outlook for 2021.
Progress on LNG Canada is “reasonable,” van Beurden said, “considering the fact that it’s a large, complex project.”
The $30 billion project, initially tracking...