Pacific Northwest LNG megaproject cancelled following review, ‘changed market conditions’

July 25, 2017

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The Pacific NorthWest liquefied natural gas (PNW LNG) project has been cancelled by its shareholders, citing an in-depth review and changed market conditions.
Majority owned by Malaysia-based Petronas made the announcement on Tuesday, leaving the project, with a total calculated capital price tag of about C$36-billion, dead in the water.

Category: General