Woodside finally pulls the plug on Kitimat 

WOODSIDE Petroleum will exit Kitimat LNG development in Canada that it shares 50-50 with Chevron Corporation, which first announced it was divesting its operated share in late 2019. 

Woodside finally pulls the plug on Kitimat  Woodside finally pulls the plug on Kitimat  Woodside finally pulls the plug on Kitimat  Woodside finally pulls the plug on Kitimat  Woodside finally pulls the plug on Kitimat 

The proposed development

Costs to exit will hit this year's net profit after tax by around US$40 million to $60 million, but will be excluded from NPAT when Woodside calculates its dividend payout.