<div class=newsTextDataWrapInner><p>TORONTO (Oct 4): Petronas potentially has sufficient resource to supply the gas shortfall of four trains for LNG Canada project, TD analysts led by Aaron Bilkoski say in note.</p></div>

<div class=newsTextDataWrapInner><p>* TD notes the LNG Canada consortium (Shell, Petronas, Mitsubishi, PetroChina, KoGas) hold &gt;37tcf, based on rough estimates<br />
&nbsp;<br />
* Adds that excluding Petronas, four (of five) partners have sufficient resource to supply their share of gas for two trains for ~25 years, or a full-scale project for only ~12 years</p></div>

<div class=newsTextDataWrapInner><p>* But including Petronas’ resource of 25tcf of Proved plus Probable (2P) reserves, the consortium has ample gas to supply a full-scale (four trains) project for &gt;25 years&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>* Doesn’t see this being a major catalyst for public acquisitions; says the lowest cost Montney producers under TD’s coverage are trading at ~C$13,000 per boe/d, with the average trading closer to C$20,000–C$25,000 per boe/d, adding that this is above what TD believes is the cost to add incremental production volumes&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>* Consortium currently producing 1.8bcf/d natgas</p></div>


TORONTO (Oct 4): Petronas potentially has sufficient resource to supply the gas shortfall of four trains for LNG Canada project, TD analysts led by Aaron Bilkoski say in note.

* TD notes the LNG Canada consortium (Shell, Petronas, Mitsubishi, PetroChina, KoGas) hold >37tcf, based on ...

Petronas could supply gas shortfall for LNG Canada, TD says

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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.</p>


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