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Just when it looked like Canada’s fledgling LNG sector was finally getting off the ground after Royal Dutch Shell and its partners gave the green light for the $40 billion LNG Canada facility in October on British Columbia’s (BC) coast, putting it on track to becoming the country’s first liquefied natural gas (LNG) export terminal, news broke on Thursday that U.S. oil major Exxon Mobil had withdrawn its environmental assessment application for a $25-billion LNG export facility on the BC coast it proposed in 2015. Exxon was planning to build the terminal with Calgary-based firm Imperial Oil in the Prince Rupert area on BC’s north coast. Media in Canada said the apparent shelving of the WCC LNG project is the latest blow to the country’s West Coast LNG export industry which at one time featured about 20 proposals but has resulted in only one firm commitment to build. Exxon spokeswoman Julie King did not give a reason why the company withdrew its support for the project. "We remain committed to our Canada operations and to ensuring the safe and reliable delivery of oil and gas to our customers," she wrote in a brief email. Exxon Mobil and Imperial continuously […]
