The Financial Post reports in its Thursday edition that speculation that Shell and Mitsubishi are looking to exit LNG Canada is misplaced, analysts say. The Post's Meghan Potkins writes that the companies have declined to comment on a Reuters report this month that the partners were exploring sale options for their stakes in the major liquefied natural gas terminal in Kitimat, B.C. Shell, which holds the largest stake in LNG Canada at 40 per cent, is looking to sell up to three-quarters of its holding, according to the report. Mitsubishi currently holds a 15-per-cent stake in the project, with the remaining equity held by Petroliam Nasional Berhad (better known as Petronas), Midocean Energy, Petrochina and Korea Gas. The news has raised speculation that the partners may have lost confidence in LNG Canada's Phase two expansion due to concerns about its economics and the risk of global oversupply. Analysts and industry experts noted that Shell and Mitsubishi's moves seem focused on unlocking value and limiting risk, or attracting new partners and capital for a second phase, rather than indicating a desire to exit the project. An unnamed oil executive said the news is likely a positive signal for LNG Canada's expansion.