Petronas Affiliate Files for Canadian National Energy Board LNG Export License

Today, Pacific NorthWest LNG, a subsidiary of Progress Energy Canada Ltd. and Malaysian state oil company Petronas, filed an application with the Canadian National Energy Board (NEB) for a license to export up to 19.68 million tonnes of LNG per year from its proposed LNG export facility on Lelu Island in Port Edward, near Prince Rupert, British Columbia. A final investment decision on the terminal is expected in late 2014. Read more in the press release.

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