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 ...
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Japex acquires 10% stake in PETRONAS' Montney acreage and proposed Pacific Northwest LNG project, and signs 1.2 mmtpa LNG offtake agreement PDF - 767.26 KB 3 Pages, 1 Tables, 1 Figures
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Deal insight | Mar 2013
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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