{"id":776,"date":"2026-01-20T17:42:02","date_gmt":"2026-01-20T17:42:02","guid":{"rendered":"https:\/\/malaysian-business.com\/wptest\/2026\/01\/20\/petronas-partners-will-not-proceed-with-pacific-northwest-lng-project\/"},"modified":"2026-01-23T18:20:06","modified_gmt":"2026-01-23T18:20:06","slug":"petronas-partners-will-not-proceed-with-pacific-northwest-lng-project","status":"publish","type":"post","link":"https:\/\/malaysian-business.com\/portal\/2026\/01\/20\/petronas-partners-will-not-proceed-with-pacific-northwest-lng-project\/","title":{"rendered":"Petronas &#038; Partners Will Not Proceed With Pacific Northwest LNG Project\u00a0"},"content":{"rendered":"<p>PETRONAS and its partners have decided not to proceed with the Pacific NorthWest LNG project at Port Edward in British Columbia, Canada.<\/p>\n<p>The decision was made after a careful and total review of the project amid changes in market conditions.\u00a0<\/p>\n<p>PETRONAS\u2019 Executive Vice President &amp; Chief Executive Officer Upstream, Datuk Anuar Taib said, \u201cWe are disappointed that the extremely challenging environment brought about by the prolonged depressed prices and shifts in the energy industry have led us to this decision.\u201d<\/p>\n<p>\u201cWe, along with our North Montney Joint Venture partners, remain committed to developing our significant natural gas assets in Canada and will continue to explore all options as part of our long-term investment strategy moving forward,\u201d added Anuar.<\/p>\n<p>PETRONAS\u2019 commitment in Canada continues through Progress Energy Canada Ltd and its worldclass inventory of natural gas resources where the subsidiary plays a key role in supporting PETRONAS\u2019 growth strategy in North America.<\/p>\n<p>PETRONAS and the project\u2019s partners are thankful for the support received from everyone involved, especially the area First Nations, the District of Port Edward, the City of Prince Rupert and their communities for their invaluable involvement and efforts in the project.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PETRONAS and its partners have decided not to proceed with the Pacific NorthWest LNG project at Port Edward in British Columbia, Canada. The decision was made after a careful and total review of the project amid changes in market conditions.\u00a0 PETRONAS\u2019 Executive Vice President &amp; Chief Executive Officer Upstream, Datuk Anuar Taib said, \u201cWe are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-776","post","type-post","status-publish","format-standard","hentry","category-corporate"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=776"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/776\/revisions"}],"predecessor-version":[{"id":6259,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/776\/revisions\/6259"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}