NORTH AMERICA

Petronas takes 25% of LNG Canada

PETRONAS is to take a 25% share of the proposed LNG Canada development from Shell for an undisclosed price almost a year after it cancelled its own Canadian project over fears of a global LNG glut.

Move a boost for Canadian LNG after Petronas earlier left Pacific Northwest LNG

Move a boost for Canadian LNG after Petronas earlier left Pacific Northwest LNG

Given the glut may now clear earlier than thought - possibly by 2022 - it is moving back to Canada, giving some confidence to province British Colombia after Woodside Petroleum's move away from Canadian...

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