Japex

Petronas Boosts North Montney Footprint, Sells First Asian LNG Spot Cargo Linked to AECO

Petronas Boosts North Montney Footprint, Sells First Asian LNG Spot Cargo Linked to AECO

Malaysia’s state-owned Petroliam Nasional Berhad, aka Petronas, has increased its ownership of Montney shale production destined for liquefied natural gas (LNG) exports from British Columbia (BC) and added a Canadian price benchmark to its international marketing. Japan Petroleum Exploration Co. Ltd. (Japex) announced that it would sell its 10% share in a BC supply partnership…

May 14, 2021