Imperial Oil Evaluating LNG Export Options

ExxonMobil’s Canadian affiliate Imperial Oil is considering options for LNG exports of gas produced from the Horn River shale in British Columbia under a lease that Imperial shares with ExxonMobil. Imperial President and CEO Bruce March stated that Imperial hoped to complete a full-field development plan for Horn River this decade, according to a report in Platts LNG Daily [subscription required]. The report also states that Imperial is in discussions with competitors for possible development of the Central Mackenzie Valley in Canada’s Northwest Territories.

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