Gas
Blackstone-led group buys LNG Canada stake from Mitsubishi
CEII brief
LNG Prime reported on 2 Nov 2026: Blackstone-led group buys LNG Canada stake from Mitsubishi.
Read the full story on LNG PrimeA group led by US-based private equity firm Blackstone has agreed to invest $3.1 billion to acquire a 49.9 percent non-controlling interest in a Mitsubishi subsidiary that holds an interest in the Shell-led LNG Canada project.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
18.5% of electricity in Canada came from gas in 2025Countries in this story
Original reporting © LNG Prime. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
