LNG

A Canadian LNG export project, controlled by Indonesian billionaire Sukanto Tanoto and his Pacific Oil and Gas company, has taken the lead as the first venture in British Columbia is likely to be developed after years of stalemate. Woodfibre LNG received environmental approval from the federal ministry in Ottawa in late March, paving the way for the liquefaction plant and export terminal to be planned and built near the town of Squamish, north of Vancouver.

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