Woodside to exit Canada’s Kitimat LNG project with 50% stake sale Share 7 hours ago Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. Australia-based Woodside Petroleum is set to divest its 50% non-operated stake in the proposed Kitimat LNG project in Canada. The Kitimat LNG project is a 50/50 joint venture between Chevron Canada and Woodside Energy International (Canada). The exit includes divestment and restoration of assets, leases and agreements covering the Pacific Trail Pipeline route and the proposed LNG facility site at Bish Cove. Woodside’s decision to exit follows a comprehensive review of options for the project and its wider development portfolio.