Canada’s National Energy Board announced June 8 that it will conduct an environmental review for an LNG export terminal application filed by the Malaysian state-owned oil company PETRONAS. The terminal, if approved, would export 19.68 MMT of LNG to Asia each year for 25 years and could cost up to $20 billion to construct. This is the sixth application the NEB has received to build an LNG export terminal off the coast of British Columbia.