Gas
Blackstone-led group to invest $3.1bn in Mitsubishi’s LNG Canada stake
CEII brief
Offshore Technology reported on 3 Nov 2026: Blackstone-led group to invest $3.1bn in Mitsubishi’s LNG Canada stake.
Read the full story on Offshore TechnologyA Blackstone-led investor group has agreed to invest $3.1bn for a 49.9% stake in a subsidiary holding Mitsubishi’s interest in the 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 © Offshore Technology. 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.
