Petronas Says Canada Must Avoid Australia Mistakes in LNG Policy

British Columbia must avoid Australia’s policy missteps if it wants to establish itself as a source of liquefied natural gas for Asia, said Petroliam Nasional Bhd. Chief Executive Officer Shamsul Azhar Abbas.

“There are pivotal lessons to be learned from the Australian experience,” Shamsul said yesterday at a Vancouver conference on the development of an LNG industry in the Canadian province. “Let’s not slaughter the goose before it has a chance to hatch the golden egg.”