KUALA LUMPUR, Malaysia (Bloomberg) -- Petroliam Nasional Bhd. is testing lender interest for as much as $12 billion of financing for a Canadian LNG project, according to people familiar with the matter. Malaysia’s state-owned oil company, known as Petronas, and four energy partners from China, Japan, India and Brunei, have asked bankers to indicate their willingness by the end of this week to help fund Pacific NorthWest LNG Ltd.’s proposed project in British Columbia, said the people, who asked not to be named because the process is private. The request doesn’t mean that the Petronas-led group has decided to proceed with the development, said one of the people.
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Petronas said to test bank interest for $12 billion LNG finance
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