Bloomberg: Petronas’s Canada LNG Project Approved by Trudeau Government

27 September 2016: “The approval comes as a glut of new supply from LNG export projects in Australia and the U.S. are outpacing demand growth, weighing down global prices and causing companies to shelve future developments. Shipping consultants Poten & Partners forecast in March that at least a quarter of global LNG production would be “homeless” by 2021 as supplies surge.” To read full article, click here.