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Petronas: Canadian investment not yet finalised

Petroliam Nasional Bhd (Petronas) today said it has yet to make a final investment decision (FID) with its Pacific Northwest liquefied natural gas (LNG) export terminal project planned in northern British Columbia, Canada.

Petronas president/chief executive officer Wan Zulkiflee Wan Ariffin said exploring options to make the proposed project competitive with other LNG producers in North America was currently the main target.

"We will announce the FID when the time is appropriate," he told a press conference held at the second day of the 19th Asia Oil and Gas Conference in Kuala Lumpur today.

- Bernama

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