Petronas C$11b Canada gas plan buoyed by aboriginal vote
Vote signalling openness to the project comes amid speculation that the location may be changed
Calgary
PETROLIAM Nasional Bhd's proposed C$11 billion (S$11.5 billion) liquefied natural gas export plant in Canada is getting a boost as an aboriginal community signals openness to the project amid speculation that the location may be changed.
The Lax Kw'alaams Band, which opposes the current venue in British Columbia, is optimistic that it will be moved, said mayor John Helin, whose community members endorsed talks on compensation for impacts on their traditional lands. The group is set to meet in the coming days with officials from the Pacific NorthWest LNG project and provincial and federal governments.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
China’s push for greener aluminium hit by erratic rains, power cuts
Philippines says US, China eyeing mining opportunities, especially in nickel
Gold set for best week in five on renewed US rate-cut hopes
Biden determined to keep US Steel in US hands: White House
Oil holds near one-week high on rising demand hopes after China, US data
India projects biggest power shortfall in 14 years