We are one of the largest natural gas owners in Canada.
As industry leaders, we pursue excellence, value innovation and are ever-diligent about
the safety of our people.
From our North Montney project to our acquisition of LNG Canada, we continue to make progress as we enrich lives, provide value to shareholders and deliver energy in the most responsible way possible.
Our current operations are all within the North Montney basin in northeast British Columbia. Together with our joint venture partners, we own more than 800,000 gross acres of mineral rights with 53 trillion cubic feet of reserves and contingent resources.
As the operator of a large joint venture in the North Montney, we are focused on developing the resource safely and responsibly.
The LNG Canada site operates out of Kitimat, British Columbia
LNG Canada will export Canadian natural gas to Asian markets, and in the process, put Canada on the global map of LNG exporting countries and create a world-class liquefied natural gas (LNG) industry in British Columbia and Canada.
We believe natural gas will play a vital role in the planet’s transition to a low carbon economy and that Canada can and should take a leadership position in reducing emissions globally.
As the operator of a large joint venture in the North Montney, we are focused on developing the resource safely and responsibly.
The North Montney Joint Venture (NMJV) is between PETRONAS Canada, Brunei National Petroleum Company Sendirian Berhad (PetroleumBRUNEI), Indian Oil Corporation Ltd. (IndianOil) and China Petroleum & Chemical Corporation (Sinopec Corp). To date the NMJV has drilled 750 wells with an estimated 4,800 wells to be
drilled over the next 45 years.
Current technology allows each pad to access approximately 16 wells and as our industry continues to innovate the number of wells being accessed from a single pad continues to climb, further reducing the surface footprint.
The PETRONAS Global Headquarters are in Kuala Lumpur, Malaysia.
Our Global Headquarters connects operations that span over 100 countries and deliver energy solutions that power society’s progress.
The PETRONAS Canada headquarters are located in Calgary, Alberta.
Calgary is home to PETRONAS headquarters, which acts as a hub for the focus, growth and support for the Canadian operations.
PETRONAS is one of the largest LNG operators in the world. We believe natural gas will play a vital role in the planet’s transition to a low carbon economy and that Canada can and should take a leadership position in reducing emissions globally. Cleaner-burning natural gas derived from LNG can help to lower global greenhouse gas emissions when used to displace higher-emitting coal-fired electricity generation in China, India and Southeast Asia.
By 2040, about 1,500 megatonnes of carbon dioxide equivalent (MCO2) emissions could be eliminated every year if new power plants in China, India and Southeast Asia are fuelled by natural gas instead of coal. That doesn’t mean we stop working hard to lower the carbon footprint from producing natural gas.