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Canadian Government Approves Petronas LNG Project

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RICHMOND, British Columbia: The Canadian government on Tuesday approved a proposed Petronas-led liquefied natural gas plant in northern British Columbia, ending a three-year wait for a decision.

Environment Minister Catherine McKenna made the announcement in a statement on the banks of the Fraser river.

The Liberal government of Prime Minister Justin Trudeau acted after receiving an environmental assessment that said the project would have significant adverse effects requiring major remedial work.

Malaysian oil and gas company Petronas and its partners had been waiting for a permit for the C$11 billion ($8.3 billion) plant. – Reuters

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