WHEN Petroliam Nasional Bhd (Petronas) made its statements over possible delays in constructing its Pacific North West (PNW) LNG (liquefied natural gas) plant in British Columbia in Canada, it sent a message that the viability of its project was not a unique case.
Its statement on Oct 7 was peppered with warnings about the volatile oil and gas market and what impact that will have on its business and the rest in the gigantic industry.
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