Petronas and Progress Energy seek LNG plant site

Friday, 28 October 2011

Progress Energy Resources Corp. of Canada said it was looking for a site on the West Coast for its LNG joint venture with Malaysia's Petronas to pursue its export project for Canadian shale-gas targeted at the Asia-Pacific region.

Progress said it closed the transaction in the third quarter that created its partnership with Petronas to develop a portion of Progress's Montney assets in the foothills of northeast British Columbia.


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Last modified on Thursday, 10 November 2011 14:54
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