Woodside Petroleum Ltd., Perth, has withdrawn from its Grassy Point LNG project on the northwest coast of British Columbia.
The company said—as outlined in its annual report released in late February—that it had elected not to renew its sole proponent agreement for the Grassy Point site, which was proposed 30 km north of Prince Rupert.
Woodside began geotechnical surveys on the site in 2014.
In 2015, Canada’s National Energy Board gave the project a license to export 20 million tonnes/year of LNG for as long as 25 years, however little further progress was made.
Woodside is retaining its position in the Kitimat LNG project in Canada in which it holds equal interest with Chevron Canada Ltd.
