Business Data
Canada LNG Exit Makes Sense For Petronas
Petronas ' decision to cancel its long-delayed USD36.0bn Pacific Northwest LNG in Canada makes sense given myriad environmental and legal complexities, amid low LNG prices and adverse market conditions , and will free-up funds to advance higher-priority projects, such as RAPID. The decision further affirms the difficulty of realising greenfield LNG projects in Canada, and supports our view for the sector to see little progress over our 10-year forecast period.
Tidak tersedia versi lain