The logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange on April 23, 2018.
RICHARD DREW/THE ASSOCIATED PRESS
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Exxon Mobil shelves $25-billion B.C. LNG project
Another gas project on the West Coast has been cancelled after Exxon Mobil decided not to proceed with plans for a $25-billion liquefied natural gas terminal in British Columbia.
The B.C. Environmental Assessment Office said the Kitimat, B.C., project has been formally withdrawn from the environmental assessment process, while Exxon Mobil said they “remain committed” to their Canadian operations without giving a reason for their decision. Over the past two years, at least 15 LNG proposals in B.C. have either been cancelled or stalled.
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