Platts: Pacific Northwest LNG Looks for 'Package Deals' to Sell More LNG to Asia

Vancouver-based Pacific Northwest LNG will eye opportunities to sell additional volumes of LNG from its planned Canadian facility to Asian buyers as part of "package deals" following a demand from buyers, company President Michael Culbert said Tuesday.

"The Chinese, Japanese and Indian markets are seeking diversity [in supply sources] and Petronas is looking at a portfolio of supplying LNG for 20 to 30 years that will be sourced from Canada besides Australia and other global producers," he said on a webcast of the Peters and Co. annual conference in Toronto.

Petronas is 62% owner of the planned 12 million mt/year Pacific Northwest LNG project at Prince Rupert, British Columbia, that is aiming to start exports in late 2019/early 2020.

Petronas is also responsible for marketing LNG from that facility, Culbert said. MORE