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Petronas is making a $16 billion bet on B.C.'s natural gas future

 

 

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Malaysian national oil company Petronas says it expects to spend up to $16 billion to build a liquefied natural gas export facility in western Canada. (Issei Kato/Reuters)

 

 

 

 

 

Malaysian petroleum heavyweight Petronas says it will spend $16 billion on two Prince Rupert-area natural gas terminals. It is the largest spending announcement yet for the natural gas rush to the BC coast. Betsy Trumpener speaks with Clagary Herald columnist Deborah Yedlin about the proposed spending.

We also hear from Canadian Centre for Policy Alternatives Ben Parfitt about what this might mean to the Peace Region's water supply.

 

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