OTTAWA (Sept 16): Prime Minister Justin Trudeau’s government will decide on final approval of the Pacific NorthWest gas project without any guarantee Petroliam Nasional Bhd. The $11 billion liquefied natural gas plant in British Columbia remains under political review while similar proposals are being scaled back or delayed amid low prices. “I don’t think we’re in a position to get guarantees from the company,” Natural Resources Minister Jim Carr said in a recent interview. Pacific NorthWest project is one of several major energy projects Trudeau is considering in the westernmost province. Canada is interested in “cleaner and more renewable sources of energy,” the prime minister said Aug. 22.

Source: The Edge Markets September 16, 2016 04:52 UTC