VANCOUVER, B.C. — The Malaysian oil and gas giant behind a planned multibillion-dollar liquefied natural gas plant in the Prince Rupert area, has sent out yet another signal it may be on the verge of moving forward with the project.
Pacific NorthWest LNG — the consortium led by Petronas — is increasing its downtown business footprint in Vancouver, and has confirmed it has leased two floors of office space at the 35-storey Park Place tower.
A company spokesman says the lease was signed in late 2015, and gives the company 3,400 square feet to accommodate a staff of up to 75.
It’s now expected renovations will be completed and the space ready for occupancy by the end of the first quarter, and that has eased some fears Petronas and its partners might be preparing to the pull the plug on the project, given the persistent oil and gas industry downturn.
Meantime, speaking of countering pessimism, Energy Minister Bill Bennett is taking exception to comments at a global economic forum in Switzerland by the Prime Minister.
Sounding like he was reading, from what Western Canadian critics, often called ‘his father’s playbook of condescending arrogance,’ Justin Trudeau reportedly told the forum — that it’s what’s between our ears, not under our feet, that matters, and Canada isn’t about its resources but rather its resourcefulness.
Bennett says Trudeau is ‘off base,’ in distancing Canada from its Natural Resources sector, and he also reminded him, people don’t work in the natural resources industries, without plenty of education and/or training.