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.
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