Petronas Seeks $15 billion to Finance Pacific Northwest LNG Project

Posted on Jun 20, 2014 in Canada & Mexico, Financing, LNG Exports | Comments Off

Petroliam Nasional Berhad (Petronas) is seeking debt-financing of as much as $15 billion for its sponsored Pacific Northwest LNG project on the West Coast of Canada. Spokesman for the Pacific NorthWest LNG project told the Financial Post, “[y]es, we have contracted Société Générale S.A. as the financial advisor. They will be going out and looking to acquire financing for the project.” If completed, it would be the biggest ever debt-financing deal in Canada.

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Petronas Seeks $15 billion to Finance Pacific Northwest LNG Project

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