Petronas: No final investment decision yet on Canada LNG project - Business News | The Star Online

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Petronas: No final investment decision yet on Canada LNG project


Wan Zulkiflee says exploring options to make the proposed project competitive with other LNG producers in North America was currently the main target.

Wan Zulkiflee says exploring options to make the proposed project competitive with other LNG producers in North America was currently the main target.

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) on Monday said it has yet to make a final investment decision on its Pacific NorthWest liquefied natural gas (LNG) export terminal project planned in northern British Columbia, Canada.

Petronas president and chief executive officer Datuk Wan Zulkiflee Wan Ariffin said that exploring options to make the proposed project competitive with other LNG producers in North America was currently the main target.

"We will announce the FID (final investment decision) when the time is appropriate," he told a press conference at the second day of the 19th Asia Oil and Gas Conference in Kuala Lumpur on Monday. - Bernama

Oil & Gas , Corporate News

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