Canada gives approval

Wan Ariffin: ‘The announcement was just made ... we need time to look at the conditions and then have a review of the project.’

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has finally secured the approval for its mega liquefied natural gas (LNG) project in Canada, but the question now is whether the national oil company will proceed with its multi-billion-dollar venture that was originally proposed three-years ago.

A lot had changed in the global LNG market since then.