ExxonMobil and Imperial Withdraw Proposed B.C. LNG Terminal Application

Reuters reports that ExxonMobil and Imperial (Oil Resources Ltd) have withdrawn their proposed West Coast Canada (WCC) LNG project in northern British Columbia (B.C.) from the environmental review process, “signaling that the project has been shelved.” According to the report, “[t]he project was being jointly reviewed by the province and Canadian environmental regulators, an assessment that had been underway since 2015, though no major documents have been filed since 2016.” The WCC project “was expected to produce around 15 million tonnes per year of LNG to serve Asian buyers, with plans for further expansion up to 30 million tonnes per year,” as noted by Reuters.

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