Canada challenges US energy dominance with 'megaproject' one day after NAFTA deal | WHAT REALLY HAPPENED

Canada challenges US energy dominance with 'megaproject' one day after NAFTA deal

With a major announcement by oil giant Shell on Tuesday, Canada has set itself up to become the U.S.'s biggest energy rival in supplying liquefied natural gas to Asia.

Shell officials said LNG Canada, a massive multibillion dollar LNG export project in British Columbia, will compete directly with U.S. LNG terminals on the Gulf Coast by being able to beat U.S. companies on the price of shipping the fuel to customers in China, Japan, Malaysia, and South Korea.

The announcement came less than 36 hours after the Trump administration announced it had reached a deal with Canada on NAFTA.

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