Petronas to move ahead with Canada LNG project

Vancouver

A CONSORTIUM led by Petronas, Malaysia's state energy firm, said on Thursday that it will move forward with its Pacific NorthWest LNG project in British Columbia, on the condition that it is approved by Canada's environmental regulator.

The final investment decision comes as the Canadian Environmental Assessment Agency (CEAA) has again paused its review of the US$11 billion liquefied natural gas (LNG) export terminal, requesting further information from the company on plans to mitigate damage to a salmon spawning habitat.