OTCPK:PDPYF - Post by User
Post by
lifeundergradon Mar 22, 2015 12:00pm
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Post# 23548468
Uncertainty in future governance
Uncertainty in future governance
Interesting article to consider - from the perspective of Petronas, an element of uncertainty is future governance in BC, there's a good example of the NDP killing a project and having to pay out as a result:
https://www.vancouversun.com/news/Three+projects+lead+pack/10892149/story.html
Can anyone comment on how the NDP and Conservative parties have approached the LNG proposals? I'm assuming Petronas has put a lot of thought into the political environment they're (possibly) entering shortly, and I also assume they're looking at what the environment could be after the next election. I doubt the plants will be finished before an election takes place...
Price of NG/oil aside, along with taxes which seem to be set...what else might weigh on a decision later this year?