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Petronas Aims to Create Thousands of Jobs in Canadian Gas Industry

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Malaysia's state-backed Petronas – which received the regulatory nod from the Canadian government to buy Progress Energy Resources Corp on Dec. 7 – is aiming to create "thousands" of jobs in the Canadian natural gas industry, as it pours billions of investment dollars into developing its newly-acquired assets. In a published statement on its website, Petronas disclosed Monday that its growth plans in the Canadian gas industry will include three major investment components: the...

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