Petronas gas project in Canada aims to start exports next year

Malaysian state energy company posts 13% net profit decline in 2023 first half

20230830  Petronas press conference

Tengku Muhammad Taufik, center, president and group CEO of Petronas, on August 30 in Kuala Lumpur says a weak global economy will keep the energy market bearish for the rest of the year. (Photo by Norman Goh)

NORMAN GOH and HAKIMIE AMRIE, Nikkei staff writers

KUALA LUMPUR -- Malaysian national energy company Petronas on Wednesday said a multibillion-dollar natural gas export facility in Canada in which it has a 25% stake is expected to be operational by the second half of next year.

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