Canada approves Petronas LNG project

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Canada approves Petronas LNG project

Petronas is pleased that the Government of Canada has given a conditional approval for the proposed Pacific NorthWest LNG project.

On behalf of the partners of the proposed project, Petronas would like to thank the Government of Canada, the Canadian Environment Assessment Agency, area First Nations, local residents and all other relevant stakeholders for their constructive participation in the process of reaching this approval.

Petronas and its partners will study the conditions imposed by the Canadian authorities and conduct a total review of the proposed project prior to deciding on the next steps forward.

About Petronas

Petroliam Nasional Berhad (PETRONAS) established in 1974, is Malaysia’s fully integrated oil and gas multinational ranked among the largest corporations on FORTUNE Global 500®. As the custodian for Malaysia’s national oil and gas resources, they explore, produce and deliver energy to meet society’s growing needs.

The growing demand for energy inspires and strengthens our purpose to steadily drive for new solutions and push boundaries towards a sustainable energy future.

They apply innovative approaches to technology which helps unlock and maximise energy sources from even the most remote and difficult environments. Their fully integrated value chain spans from exploration to marketing, logistics to technological infrastructures, with operations in over 50 countries around the world.

Throughout their rapidly expanding network and steady growth trajectory, PETRONAS has consistently and successfully implemented various social, environmental and community programmes, guided by its larger Corporate Sustainability Framework, in carrying out business in a socially responsible and holistic manner for the benefit of both the present and future generations.

Source: www.petronas.com.my

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.