Petronas to study Canadian approval for LNG project


Petronas President & Group Chief Executive Officer Datuk Wan Zulkiflee Wan Ariffin during the press conference in Kuala Lumpur, yesterday. - MUHAMAD SHAHRIL ROSLI /The Star

KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas) will study the approval granted by the Canadian government for its liquefied natural gas (LNG) project on British Colombia's Pacific Coast in the country. 

"The announcement was just made this morning. We need time to look at the conditions and then have a review of the project, " Petronas president and group chief executive officer Datuk Wan Zulkiflee Wan Ariffin said. 

"I've not seen the details of the announcement yet," he told reporters after officiating the Malaysia Oil & Gas Services Exhibition and Conference (MOGSEC 2016) here on Wednesday. 

On speculation that there would be increase in job cuts by Petronas, Wan Zulkiflee said: "We always look at the business and opportunities to optimise cost-efficiencies." 

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

MARC Ratings affirms Amanat Lebuhraya Rakyat's AAAIS sukuk rating
Malaysia banks on policy certainty, economic resilience to attract investment
Malaysia on track to exceed 2026 GDP growth forecast
PETRONAS, Petrovietnam deepen energy ties with strategic alliance
Public Bank's Hong Kong subsidiary warns of up to HK$2bil loss for FY26
AirBorneo targets October launch of Kuching-Jakarta flights
Ringgit strengthens against US dollar following robust 3Q GDP estimate
Cape EMS proposes RM50mil preference share issue to Pro3C
Cosmos Technology secures RM3.93mil supply contract
RHB Bank seeks more time for Tokio Marine insurance deal talks

Others Also Read