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Brief — WCC LNG
Regulatory preparations have been suspended on WCC LNG Ltd.’s dormant proposal for a jumbo liquefied natural gas (LNG) export terminal on the Pacific coast of British Columbia at Prince Rupert. A year after closing WCC’s office in the northern port, sponsors Imperial Oil Ltd. and ExxonMobil Corp. have withdrawn the application for BC and federal environmental approvals. The project’s 40-year export license from the National Energy Board for up to 4.6 Bcf/d remains valid if deliveries begin before November 2026. The WCC partners have told shareholders that the fate of all their projects depends on evolving market conditions.
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