Sunday, August 23, 2026

Petronas Eyes New Island for $27 Billion Canada LNG Plan

From Bloomberg: Malaysia’s Petroliam Nasional Bhd. is seeking to move ahead with a proposed $27 billion liquefied natural gas project in western Canada after identifying a new site for shipping the fuel, a shift that may help reduce costs and quell local opposition. Petronas’s Pacific NorthWest LNG project would continue as planned with the liquefaction plant on Lelu Island in