Posted on Dec 12, 2019 in
Canada & Mexico,
Liquefaction,
LNG Exports,
Markets and Competition |
Comments Off on Chevron to Reduce Funding for Proposed Kitimat LNG Terminal
Chevron announced that “[a]s a result of Chevron’s disciplined approach to capital allocation and a downward revision in its longer-term commodity price outlook, the company will reduce funding to various gas-related opportunities including Appalachia shale, Kitimat LNG, and other international projects. Chevron is evaluating its strategic alternatives for these assets, including...