Petronas Cancels B.C. LNG Terminal Project
Posted on Jul 26, 2017 in Canada & Mexico, Financing, Liquefaction, LNG Exports, Markets and Competition | Comments Off on Petronas Cancels B.C. LNG Terminal Project
Malaysian state oil and gas company Petronas released a statement that it and its partners “have decided not to proceed with the Pacific NorthWest LNG project at Port Edward in British Columbia [B.C.], Canada.” According to the statement, the decision “was made after a careful and total review of the project amid changes in market conditions.” Read more in the Reuters article.