Petronas Encouraged by Talks with B.C. Premier
Posted on Oct 9, 2014 in Canada & Mexico, LNG Exports | Comments Off on Petronas Encouraged by Talks with B.C. Premier
Petronas issued a press release Tuesday stating that it was “encouraged” by recent talks with British Columbia’s (B.C.) Premier Christy Clark and Minister of Natural Gas Development Rich Coleman regarding Petronas’s proposed Pacific NorthWest LNG (PNW LNG) export project on Lelu Island, B.C. The press release states that the meetings produced agreement on “clear milestones, action plans and deliverables for both parties to support project competitiveness necessary to undertake a Final Investment Decision [] by mid-December 2014.” The release notes projected benefits of the PNW LNG project, but also identifies issues that must be overcome to make the project viable.