The market for Canadian LNG is Asia, especially China, where a combination of natural gas and renewable energy is now the preferred option to generate electricity for the country's rapidly growing economy. The Canadian Association of Petroleum Producers (CAPP) estimates that by 2040 global gas consumption is expected to increase 4% to 199 billion cubic feet per day (Bcf/d). That demand explains why project lead Royal Dutch Shell is partnering with Malaysia's Petronas, PetroChina Co. Ltd., Korea Gas Corp., and Japan's Mitsubishi Corp. "The project's "competitiveness, low carbon emissions and relatively short shipping distance to China mean LNG Canada can help supply the increasing demand for gas in China," said PetroChina CFO Wei Gao, in statement.