Gas
Blackstone-Led Investors Buy into LNG Canada for $3.1 Billion
CEII brief
OilPrice.com reported on 2 Nov 2026: Blackstone-Led Investors Buy into LNG Canada for $3.1 Billion.
Read the full story on OilPrice.comBlackstone funds and Canadian institutional investors have teamed up to buy a stake in the LNG Canada export project for a total of $3.1 billion, the asset manager said on Monday.
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 © OilPrice.com. 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.
