Posted Feb 25, 2014, 8:37 PM
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is watching.
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Join Date: Apr 2007
Location: Greater Victoria
Posts: 3,083
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More action on the BC LNG front, with new Indian/Asian partners for Petronas.
Petronas to sell 25% stake in its Canadian gas assets
SINGAPORE — Reuters - Feb. 25 2014
Quote:
Malaysia’s Petronas has agreed to sell a 25 per cent stake in its Canadian shale gas assets to an Indian company and an Asian gas buyer, the state firm’s president and chief executive, Shamsul Azhar Abbas, said on Tuesday.
Petronas is looking to share some of the costs of bringing liquefied natural gas (LNG) from North America to energy-hungry Asia. Indian state oil and gas companies want to expand their portfolios of exploration and producing assets.
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