Petronas Nears Deal to Invest in $31 Billion Canada Project

Malaysia‚Äôs Petroliam Nasional Bhd. agreed to take a 25 percent stake in a proposed liquefied natural gas project in Canada led by Royal Dutch Shell Plc, marking one of the strongest signals yet that the long-awaited facility will actually be built. The Canadian unit of Shell will hold a 40 percent stake, while subsidiaries of…

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