Canada's West Coast Woe

With Woodside deciding to exit its 50% non-operated participating interest in the long-planned Kitimat LNG development in British Columbia, the west coast of Canada no longer looks to be quite the export hotspot it was once considered. The troubled 2-train, 11.0m t/y Kitimat LNG, a 50/50 JV between Chevron and Woodside, looks to have finally run its course. Back in December 2019 Chevron revealed plans to divest its 50% interest in the planned project as part of its global portfolio optimisation, then in March 2021 it decided to cease funding the ongoing feasibility work. Now Woodside has decided to prioritise allocation of capital closer to home. After the cancellation of the Douglas Chann

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