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Among the largest natural gas resource owners in the country, PETRONAS Canada is well-positioned to provide global markets with clean and responsibly-developed Canadian energy while supporting local jobs, working with Indigenous communities and protecting the environment.
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Internal - PETRONAS Canada
- Petronas in F1
PETRONAS, a Malaysian oil and gas company, has entered into an agreement to buy 25% stake in the LNG Canada project in British Columbia, Canada. The project involves the construction and operation of a liquefied natural gas plant and export facilities, and PETRONAS plans to develop its North Montney gas resources in Canada.
PETRONAS Canada is a privately held company that produces natural gas and values its relationships with First Nations and stakeholders. It has offices in Calgary and Fort St John, and employs 467 people.
PETRONAS and its subsidiaries signed agreements with SINOPEC to acquire 15 per cent interest in LNG-destined gas reserves and LNG export facility in British Columbia. SINOPEC also agreed to off-take 1.8 MTPA of LNG for 20 years and additional 3 MTPA for 20 years.
Mar 19, 2024 · Petronas also is looking at taking an equity stake in the second phase of LNG Canada's gas-export plant in Kitimat, British Columbia, on the west coast of Canada, he said.
May 31, 2018 · PETRONAS, a Malaysian LNG producer, announces its equity position in the LNG Canada project in British Columbia, Canada. The project will export liquefied natural gas from the North Montney, where PETRONAS and its joint venture partners have vast unconventional gas and oil resources.
