The Malaysian state giant is considering the sale of its majority stake in the C$36 billion Pacific NorthWest (PNW) LNG project or putting it on ice, Reuters reported, citing three unidentified sources familiar with the deal.
The news wire said the oil giant is weighing up its options for the LNG export facility after its finances got squeezed by the prolonged oil price downturn and a slump in LNG pricing into north-east Asia.
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