If Petronas Can't Beat U.S. LNG Suppliers, It Could Join Them
- Company scrapped $27 billion terminal in British Columbia
- Canadian gas producers may export supply through U.S. Gulf
Environmentalists Cheer as Petronas Drops LNG Project
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Malaysia’s Petroliam Nasional Bhd has pulled the plug on its $27 billion plan to ship liquefied natural gas from Canada’s west coast to Asia, losing out to U.S. suppliers who got to market first.
Well, if it can’t beat them, it may still join them.