Petroleum Brunei Takes 3% Share of Petronas’s Pacific NorthWest LNG Output

The Globe and Mail reports that Petroleum Brunei has agreed to take a 3% share of the LNG output from Petronas’s Pacific NorthWest LNG terminal project at Prince Rupert, British Columbia for a 20-year period.  After the deal is completed, Petronas’s share of the Pacific NorthWest LNG project will be reduced to 87% and Japan Petroleum Exploration will have a 10% share.

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