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Woodside to exit Canada's Kitimat LNG project with 50% stake sale

Woodside to exit Canada’s Kitimat LNG project with 50% stake sale
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7 hours ago
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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. ....

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Canada looks to strengthen LNG credentials in 2021 with additional FIDs

Global demand for cleaner-burning natural gas has created a once-in-a-generation opportunity for Canada to develop an LNG industry. While that narrative was largely displaced during 2020 by the . . . ....

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