Petronas Confirms Commitment to C$36 Billion BC LNG Project

Bloomberg reports that Malaysian Prime Minister Najib Razak confirmed that Malaysian state energy company Petroliam Nasional Bhd. (Petronas) is moving forward with plans to invest C$36 billion to develop an LNG export terminal at Prince Rupert, British Columbia. A final investment decision on the project is expected the end of 2014.


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