LNG

Brakes applied on Kitimat

CHEVRON Corporation and Woodside Petroleum have cut capital spending on planning, engineering and early site preparation work on Kitimat as LNG sentiment worsens with Anadarko Petroleum steaming towards sanctioning its Mozambique project.

Kitimat LNG concept.

Kitimat LNG concept.

Anadarko has just finalised two key marine concessions with the Mozambique government paving the way for an eventual final investment decision on a proposed 12 million tonne per annum project.   Analysts...

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