Petronas in talks to sell 25% of Canada LNG project

摘要

Calgary—Petronas is in negotiations with Asian buyers to sell another 25% stake in its planned LNG project in British Columbia, Michael Culbert, CEO of Petronas subsidiary Progress Energy Canada, said. “We have already sold 23% and are hoping to sell up to a total of 48% by the year end to coincide with our aim to take a final investment decision,” he said late Friday at the CAPP Scotiabank Investment Symposium.