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Canada delays decision on Petronas LNG project for further study

Published 2016-03-19, 05:51 p/m
Canada delays decision on Petronas LNG project for further study
NG
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OTTAWA, March 19 (Reuters) - Canada's federal environment
assessment agency was on Saturday granted an extra three months
to complete a study on the impact of a major Petronas-led
liquefied natural gas export project, the latest delay to hit
the terminal.
The Malaysian state-owned oil giant Petronas PETR.UL and
its partners have been waiting nearly three years for a permit
to build the C$36 billion ($28 billion) LNG facility in northern
British Columbia.
Environment Minister Catherine McKenna said in a statement
that she had agreed to the agency's request for more time. She
also said that once the agency filed its final report, the
federal cabinet would take a final decision on whether to
approve the project.
($1=$1.30 Canadian)

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