There are reports that Petronas may be exiting the Pacific NorthWest LNG project.
A report by Thompson Reuters says anonymous sources close to the company have revealed the Malaysian state oil company wants to sell its $27-billion majority stake.
It points to LNG prices that have fallen over 70% in the last couple of years, as well as cost-cutting within the company due to a decline in crude oil prices as reasons for an exit.
According to the report, Petronas has been considering either an exit or a freeze on the project for several months.
The federal government conditionally approved the project on Tuesday, along with 190 binding conditions.
Earlier this year, a consortium led by Shell indefinitely delayed the LNG Canada project slated for Kitimat.