LNG

July 25 (LNGJ) - Malaysian energy company Petronas is reportedly in talks to sell part of its 90 percent stake in the Canadian Pacific Northwest LNG project to China's Sinopec to share its huge $20 billion development costs. In March 2013, Japan Petroleum Exploration Co. agreed to purchase a 10 percent stake in the venture plus 1.2 million tonnes per annum of LNG.