Petronas: Powerful, enigmatic, world player


No, I didn’t leak the video.

Dateline 2015-09-11, Vancouver Sun:

When B.C. invited Petronas to play a pioneering role in establishing the province’s nascent liquefied natural gas industry, it brought in a powerful, highly politicized, and deeply enigmatic global energy giant.

Malaysia’s state-owned national oil company, now facing criticism over a leaked report to The Vancouver Sun outlining serious safety and structural integrity issues in its Malaysian offshore operations, hasn’t yet fully committed to the $11.4 billion project near Prince Rupert.

Yet its clout has already been on display. While all the major LNG players in B.C. have quietly lobbied both the federal and B.C. governments to provide tax breaks, only Petronas openly threatened to abandon B.C. if it didn’t get its way.

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