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Canada's Rejection of Progress Energy Takeover Puts Cloud Over LNG Terminal Plans

The Canadian federal government’s rejection of Malaysian company Petronas’s proposed takeover of Progress Energy puzzles British Columbia’s Energy Minister Rich Coleman, who was counting on Petronas to develop Progress’s Montney gas field and construct a
October 24, 2012

The Canadian federal government’s rejection of Malaysian company Petronas’s proposed takeover of Progress Energy puzzles British Columbia’s Energy Minister Rich Coleman, who was counting on Petronas to develop Progress’s Montney gas field and construct an LNG export terminal near Prince Rupert. Read more in the Vancouver Sun article.

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