LNG

PetroChina board approves LNG Canada investment

The board of PetroChina has approved the state-owned company’s $3.46 billion investment in the LNG Canada export project.
By Staff reporter 28 September 2018 0 32722

The board of PetroChina has approved the state-owned company’s $3.46 billion investment in the LNG Canada export project in British Columbia, PetroChina said on Friday in a filing with the Hong Kong Stock Exchange.

PetroChina has a 15% interest in the 26 mtpa plant in Kitimat, which implies a total investment of $23.06 billion.