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ExxonMobil shelves Canada LNG export project

December 20, 2018 5:36 PM
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LONDON/HOUSTON (Reuters) - U.S. oil major Exxon Mobil Corp (XOM.N) has withdrawn its WCC liquefied natural gas (LNG) export project in Canada from an environmental assessment, it said on Thursday, signaling that the project has been shelved.

The decision to pare its LNG project portfolio follows the decision by a Royal Dutch Shell-led group to build a giant LNG project in British Columbia to supply Asian customers, and Exxon’s focus on LNG projects in Asia, the Middle East and the United States.

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