Kitimat LNG’s shareholders have pushed back their respective sanction targets as negotiations heat up for an off-take deal that could involve selling equity at the Canadian export project.
EOG Resources, which holds a 30% interest, expects a final investment decision “to be a second-half 2012 event”, said chief executive Mark Papa.
Randall Eresman, meanwhile, chief executive at 30% partner Encana, said he expects sanction around mid-year.
Operator
