Douglas Channel LNG project cancelled


Feb 25, 2016 - AltaGas announced today that the Douglas Channel LNG consortium has decided to halt project development. 

AltaGas says the decision is based on "adverse economic conditions and worsening global energy price levels." 

The Douglas Channel LNG project site was planned near Kitimat, on the north coast of British Columbia, and had been targeted to commence LNG exports in 2018.

AltaGas acts as the project manager on behalf of the consortium, which includes the AltaGas Idemitsu joint venture, French company EDF Trading Limited and Belgium firm EXMAR.