• Petronas Considering Selling Stake in Proposed B.C. LNG Terminal
  • October 3, 2016
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • Reuters reports that three unnamed sources “familiar with the matter” have revealed that Petronas is considering selling its majority stake in the proposed $27 billion Pacific NorthWest LNG export terminal near Prince Rupert, British Columbia due to financial constraints and low global LNG prices. The Canadian government approved the project with 190 conditions earlier this week.