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The proposed Kitimat LNG Project is an advanced opportunity, well-positioned to supply gas to Asian markets.
In May 2021, Woodside announced its decision to exit its 50% non-operated participating interest in the proposed Kitimat LNG (KLNG) development, located in British Colombia, Canada. The exit will include the divestment or wind-up and restoration of assets, leases and agreements covering the 480 km Pacific Trail Pipeline route and the site for the proposed LNG facility at Bish Cove.
Woodside will continue to work with our stakeholders, and with Kitimat Joint Venture participant and Operator, Chevron Canada, during the exit to ensure all obligations continue to be met.
Woodside will retain a position in Canada via the Liard Basin upstream gas resource. Retaining an upstream position in the prolific Liard Basin provides Woodside a low-cost option to investigate potential future natural gas, ammonia and hydrogen opportunities in British Columbia.
Woodside will continue to work with our stakeholders, and with Kitimat Joint Venture participant and Operator, Chevron Canada, during the exit to ensure all obligations continue to be met.
Woodside will retain a position in Canada via the Liard Basin upstream gas resource. Retaining an upstream position in the prolific Liard Basin provides Woodside a low-cost option to investigate potential future natural gas, ammonia and hydrogen opportunities in British Columbia.
For more information, please refer to our latest announcement here.
All images provided courtesy of Chevron Canada.
Project Map
The Liard and Horn River Basins are part of the Western Canadian Sedimentary Basin in British Columbia, covering approximately 600,000 acres (100% project).
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