Other groups looking include: Petronas-Progress (PRQ-TSX) Petronas is a large Malaysian oil and gas company with this 80/20 partnership aims to build a 1.0-1.2 bcf/d LNG plant in B.C., bringing the first 0.5 bcf/d online in 2017-2018 and the rest a year later. If cost inflation doesn't escalate out of control, and Asian demand meets expectations, then the size of the LNG will make a very healthy return for Canadian exporters. Canadian natural gas producers are hoping to spend a minimum $20 billion on shipping Liquid Natural Gas (( LNG )) to Asia in the next 2-9 years.
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