British Columbia approves Woodside for LNG Terminal

|About: Woodside Petroleum Ltd. (WOPEF)|By:, SA News Editor

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.