17:43:13 EST Tue 27 Jan 2026
Enter Symbol
or Name
USA
CA



Mitsubishi CDR (CAD Hedged)
Symbol MTSU
Shares Issued 390,000
Close 2026-01-26 C$ 16.55
Market Cap C$ 6,454,500
Recent Sedar+ Documents

Globe says Mitsubishi, Shell mull their LNG interests

2026-01-27 07:45 ET - In the News

The Globe and Mail reports in its Tuesday, Jan. 27, edition that two unnamed sources say Shell and Mitsubishi are considering changing their interests in LNG Canada to raise funds for the $18-billion export terminal expansion in British Columbia. The Globe's Brent Jang writes that a scenario being considered by Shell and Mitsubishi could result in each of the companies entering deals to extract value from LNG Canada's export terminal in Kitimat. The sources say commercial terms could be structured in a way that would allow the co-owners to maintain their existing equity interests by reaching side deals with prospective investors. Such transactions would exclude the associated and separately owned $14.5-billion Coastal GasLink pipeline, which transports natural gas from Northeast B.C. to the Kitimat facility. The sources say under another scenario, Shell and Mitsubishi would divest a minority portion of their equity interests to raise capital while remaining joint venture partners. London-based Shell has the largest stake in LNG Canada at 40 per cent, followed by Malaysia's state-owned Petronas (25 per cent), Japan-based Mitsubishi (15 per cent), PetroChina (15 per cent) and South Korea's Kogas (5 per cent).

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