Bloomberg: Worldwide gas glut claims $27 billion victim in Canada

26 July 2017: Poten’s Head of Business Intelligence Jason Feer discusses Petronas’ decision to scrap their $27 billion energy project in British Columbia: “Petronas’ decision probably took into account an announcement earlier this month from Qatar, the world’s biggest LNG exporter, said Jason Feer, head of business intelligence at ship broker Poten & Partners Inc. in Houston. Qatar said it plans to double gas production from the giant North Field, the source of some of the cheapest gas in the world.” “Anybody trying to raise money and get contracts has to look at, ‘Can I beat that? Can I match it?’ Feer said.” To read full article, click here.