Petronas eyeing more projects in Canada
KUALA LUMPUR : Petronas is keen to expand its presence in Canada as the country is now one of its major liquefied natural gas (LNG) suppliers, says executive vice-president and CEO of upstream business Jukris Abdul Wahab.
He said Petronas had about 50 trillion cubic feet (TCF) of gas in Canada while its LNG Canada project was only in Phase 1. He said the energy company had embarked on a series of LNG projects backed by this resource portfolio.
'With 50 TCF, we can support several more LNG projects as resource size is not an issue,' he told an editors' briefing today.
Jukris also expressed hope for the Canadian government's support for the oil and gas firm's additional LNG projects.
'We are keen to expand our presence there and see Canada as one of our major LNG supply bases going forward,' he said.
Petronas successfully shipped the first LNG cargo from its Canada facility in Kitimat, British Columbia, on July 8.
Petronas operates the North Montney Joint Venture upstream gas project and is a major equity partner in LNG Canada, a US$40 billion LNG facility.
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