Bloomberg: Canada Invests CAD 200 Million in West Coast LNG Project Backed by Indonesia's Richest Person
According to Bloomberg, the Canadian government has invested CAD 200 million (approximately USD 140 million, per the report) into a West Coast liquefied natural gas (LNG) project backed by Indonesia's richest person. This move comes as Canadian Prime Minister Mark Carney pushes to diversify exports and reduce reliance on the United States. The available summary does not disclose the additional capacity or commissioning timeline, and it should not be inferred that the project has commenced production based on this.
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