The Globe and Mail reports in its Saturday, Jan. 17, edition that three sources say Shell and Mitsubishi are exploring sale options for their stakes in the $40-billion LNG Canada project. A Reuters dispatch to The Globe reports that Shell and Mitsubishi are considering an expansion, following Petronas's successful sale of part of the project. Two sources say Shell, the largest owner with a 40-per-cent stake in LNG Canada, has been working with investment bankers at Rothschild & Co. to sound out interested parties in recent weeks. Two sources added that Shell could off-load as much as three-quarters of Mitsubishi, which holds a 15-per-cent stake. Sources caution that deliberations were early and any sale effort would not kick off until later this year. The sources did not elaborate on how much of its stake Mitsubishi could market. All the sources say sales involving Shell and Mitsubishi are not guaranteed, and spoke on condition of anonymity to discuss confidential deliberations. LNG Canada referred questions to Shell and Mitsubishi. Shell declined to comment. Mitsubishi was not immediately reachable outside Japanese office hours. Rothschild did not immediately respond to a comment request.