Abu Dhabi's XRG is exploring the acquisition of a stake in the Shell Plc-led LNG Canada export project, as the state-owned group pursues plans to become a major global supplier of natural gas, people familiar with the matter said.

XRG has been holding discussions with existing LNG Canada backers including Petro China Co. about buying some of their holdings, the people said, asking not to be identified because the information is private.

The LNG Canada docks are located in Kitimat, British Columbia.

No financial terms were disclosed, and a representative for XRG declined to comment on the potential deal.