Sinopec’s logo at its headquarters in Beijing. The Chinese company is in talks to buy a stake in a LNG project in Canada. Corp. is in talks with Malaysia’s Petroliam Nasional Bhd. to buy up to 15% of a liquefied-natural-gas project on Canada’s western coast, people familiar with the matter said Wednesday. The Pacific Northwest LNG project is an export terminal planned for an undeveloped island in northern British Columbia, which was acquired by Petronas in 2012 as part of its 5.5 billion Canadian dollar (US$4.9 billion) purchase of Canada’s Progress Energy Resources Corp. The terminal could begin operating as soon as 2018 and will have the capacity to export 12 million metric tons of LNG a year. Petronas has been selling stakes in Pacific Northwest LNG’s reserves and output to raise funds for its development, which could cost as much as C$11 billion. The company has sold 10% […]