News of delays to the Pacific NorthWest LNG Project have some Canadians concerned about Competitiveness

Malaysian oil giant Petronas announced earlier this week that it will delay its decision about proceeding with its Pacific NorthWest LNG terminal, saying that estimated construction costs were too high, especially as the company has to find even stronger justification for new projects as oil prices continue to fall, reports BNN.

The Petronas-led Pacific NorthWest LNG terminal proposed for Lelu Island is currently budgeted to cost $11.4 ...


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