PETALING JAYA: Petroliam Nasional Bhd (Petronas) has secured a second investor for its Canadian shale gas project with the sale of a 3% stake in Progress Energy Canada Ltd to Brunei’s national oil company.
The deal also involved PetroleumBRUNEI buying 3% of the liquefied natural gas (LNG) production from the proposed Pacific NorthWest LNG Ltd’s export facility for a minimum period of 20 years.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
