Bouquets and brickbats after Petronas cancels $11.4-billion LNG project near Prince Rupert

Amid a global glut and depressed prices for natural gas, one of B.C.’s most promising LNG-export megaprojects has died.
Pacific NorthWest LNG, an $11.4-billion project once slated for construction on Lelu Island south of Prince Rupert, “will not proceed as previously planned”, Malaysian state-controlled oil and gas giant Petronas announced Tuesday morning.
Petronas said in a statement that the decision was made following a thorough review of the project as market conditions flu