UPDATE 3-Malaysia’s Petronas scraps $29 bln western Canada LNG project

CALGARY, Alberta, July 25 (Reuters) – Malaysian state-ownedenergy company Petronas will not proceed with a proposed C$36billion ($29 billion) liquefied natural gas (LNG) project inwestern Canada due to weak global prices, dealing a blow toCanada’s ambitions to become a global LNG player.
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