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British Columbia approves Woodside for LNG Terminal

  • Australia's Woodside Petroleum (WOPEF, WOPEY) is awarded exclusive rights to proceed with a proposed liquefied natural gas terminal at the undeveloped Grassy Point site on British Columbia's Pacific coast.
  • The Woodside project is one of nearly a dozen proposals for plants to export surplus natural gas from the Canadian province, none of which have been formally approved yet by their corporate sponsors.
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