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IOC to buy stake in proposed PNW LNG terminal

10.03.2014 / Energyboardroom

Indian Oil Corp. Ltd. (IOC) has signed an agreement with Progress Energy Canada Ltd., Calgary; Pacific Northwest LNG Ltd. (PNW LNG), Vancouver, BC; and Malaysia’s Petronas in which affiliates of IOC will purchase a 10% interest in the proposed PNW LNG export facility on Canada’s west coast and Progress Energy’s LNG-destined gas reserves in northeast British Columbia.

view original story on Oil & Gas Journal
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