August 15, 2025
Petronas’ recent announcement that it wants to back several more Canadian LNG projects should be a wake-up call for Ottawa and Victoria.
The Malaysian state energy giant already has about 50 trillion cubic feet of natural gas in Canada, operates the North Montney Joint Venture in northeastern British Columbia, and is a major equity partner in LNG Canada, the $40 billion project in Kitimat that shipped its first cargo to Asia this summer.
Petronas executive vice-president Mohd Jukris Abdul Wahab says the company sees Canada as one of its “major LNG supply bases going forward,” but made clear government support will be key to unlocking the next wave of projects.
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