Joint Venture By Petronas, Progress Energy Accelerating Plans for LNG Export Project in British Columbia

A representative for Progress Energy told Platts Oilgram News [subscription required] that efforts to develop a proposed LNG liquefaction and export facility in British Columbia, Canada, are accelerating. The representative noted that he expects a feasibility report to be submitted to project partners Progress and Petronas by August 2012 and that the project developers will make a final investment decision soon thereafter.

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