Deal Insight
Japex acquires 10% stake in PETRONAS' Montney acreage and proposed Pacific Northwest LNG project, and signs 1.2 mmtpa LNG offtake agreement
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Report summary
On 4 March 2013, Japan Petroleum Exploration (JAPEX) announced an agreement to acquire a 10% interest in PETRONAS' Montney upstream portfolio and its proposed Canadian LNG export facility on British Columbia's coast. No consideration has been announced, but we value the upstream assets at US$800 million without LNG export, or US$1 billion with LNG export (NPV10)1. The deal is emblematic of the dynamic Canadian LNG landscape, as it transitions through a phase of corporate positioning ...
Table of contents
- Executive summary
- Upstream assets
- Oil & gas pricing and assumptions
Tables and charts
This report includes 2 images and tables including:
- Location of PETRONAS Montney lands and LNG export terminal
- Oil & gas pricing and assumptions: Table 1
What's included
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