Petronas continues talks over PNW LNG project

Petronas of Malaysia is continuing talks with the Canadian authorities over the Pacific NorthWest liquefied natural gas project in British Columbia. 

The company’s vice president of global LNG projects, Adnan Zainol Abidin sad the work with the Canadian governments continues in order to investigate options to move the project forwards, Reuters reports.

The statement comes on the back of Canada’s minister of environment and climate change, Catherine McKenna’s decision to put the environmental review on hold for additional three months.

Canadian Environmental Assessment Agency sought additional information from the Pacific NorthWest LNG project on Lelu Island and said the extended period is needed to review the information.

Petronas, that was also reported earlier to be eyeing a possible exit from the project denied such reports stating it is moving towards the final investment decision.

In his response to a question regarding the possibility of Petronas reconsidering its position on the project, Abidin added that a decision will be made once the time is right.

The EAA noted its decision on Pacific NorthWest LNG’s application to build the facility comprising an initial development of two LNG trains of approximately 6 million tons per annum each, and a subsequent development of a third train of approximately 6 mtpa, will be made this year.

The agency specifically noted that the decision will be reached within the three-month timeframe, once the review of the project resumes.

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LNG World News Staff