Wednesday , October 20 2021

Exxonek $ 25B B.C. LNG project



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CALGARY – Exxon Mobil Corp. has removed the environmental assessment application for LNC $ 25 million in export facility. On the coast it was proposed in 2015.

The WCC LNG project shelf is the ultimate blow to the West Coast natural gas export industry, and has submitted 20 proposals at the same time, but the construction commitment has been robust.

The project was proposed by Exxon Mobil and its Canadian partner, Imperial Oil Ltd., in Prince Rupert's Tuck Inlet B.C. on the north coast

Julie King spokesman said Exxon Mobil and Imperial will withdraw the WCC LNG project in the environmental assessment process after a thorough study.

"We will continue to commit to our Canadian operations and guarantee our customers a safe and reliable delivery of oil and gas," he wrote a short King email.

Exxon Mobil and Imperial constantly evaluate their portfolio to identify the options for investing, restructuring or distribution of assets, increasing the position of the competitors and turning them into shareholders.

He did not get rid of the request.

The movement has been confirmed in a one-page update on the B.C. website. Environmental Assessment Office.

This year, the Imperial based in Calgary earned $ 289 million in northern B.C. Horn River shale gas development, with Exxon being a 50-50 project, became an important supply source for the LNC LNC industry.

In October, Royal Dutch Shelle and its partners announced a final investment bill of 40 million million LNG projects in Canada, including a gas liquefaction plant, Kitimat B.C. On the coast and 670 kilometers of gas supply pipeline.

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