[craneSpotter]

Originally Posted by Stingray2004

Ergo, a Final Investment Decision (FID) was expected in September, 2014 but after today's announcement that seems to be just a future formality. Today, Petronas announced that it will definitely be proceeding with the LNG facility (plus pipeline and upstream natural gas development) with a gargantuan capital cost of $36 billion!

To further support that - Petronas just bought MORE Montney assets from Talisman for 1.4 Billion to help secure a long term supply of gas.

Talisman Sells Montney Assets to Petronas for $1.4 Billion (4)

BloombergBusinessweek - Nov 8, 2013

Talisman Energy Inc. (TLM), the Canadian oil and natural gas producer being targeted by investor Carl Icahn, agreed to sell part of its Montney acreage to Malaysia’s Petroliam Nasional Bhd for C$1.5 billion ($1.4 billion).

The transaction involves about 127,000 net acres, representing 75 percent of Talisman’s Montney shale holdings in the Farrell Creek and Cypress areas of British Columbia, the Calgary-based company said today in a statement. It includes C$800 million in drilling costs. Talisman rose 1.6 percent to C$12.42 at the close in Toronto.