Hands across the Pacific
Malaysia’s state-owned Petronas latest Asian company to seek entry into BC’s shale gas plays; plans work on LNG export facility
For Petroleum News
The scramble by mostly state-owned Asian companies to lock up positions in Western Canada’s shale gas fields and lay the groundwork for possible LNG exports gained more momentum June 2 with the entry of Malaysia’s Petronas into British Columbia.
Assuming it gains regulatory approvals and feasibility....
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Competitive environment noted
Estimated 7,500 drilling locations
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