Petronas Postpones FID on Pacific NorthWest LNG Terminal

Posted on Dec 5, 2014 in Canada & Mexico, LNG Exports | Comments Off

Petronas has announced that it is deferring a final investment decision (FID) for its $36 billion proposed Pacific NorthWest LNG terminal in Port Edward, British Columbia (B.C.). Petronas stated that despite resolving several issues with the B.C. government, the recent decline in oil prices and high terminal construction costs have necessitated a further review of the economic viability of the project.

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Petronas Postpones FID on Pacific NorthWest LNG Terminal

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