More delays...
http://www.alaskahighwaynews.ca/regi...rnal-1.2314274
Quote:
Weak oil prices have hit Petronas' bottom line hard--its first quarter profit dropped a staggering 60 per cent this year from last, from an estimated $3.6 billion CAD to $1.4 billion, according to the Journal. Petronas is expected to release its second quarter results on Aug. 22.
Soft LNG prices since 2014 are expected to remain as new supply from the United States, Australia, and Russia is brought into the market over the next five years, according to the Journal.
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Looks like very little chance of anything happening in the next 5 years.
Other projects:
http://www.theglobeandmail.com/repor...ticle30851968/
Even the "done deal" for Hawaii fell apart:
http://vancouversun.com/business/ene...cs-lng-exports