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Apache Exit Seen Threatening Chevron’s Canada LNG Project

Chevron Corp.’s plan to build a natural gas shipping terminal on Canada’s Pacific Coast faces mounting challenges with the exit of its partner, Apache Corp.

The proposal to liquefy the fuel in Kitimat, British Columbia, the first to get export approval in Canada, was already delayed by prior ownership changes including the departures of Encana Corp. and EOG Resources Inc. It’s among more than a dozen Pacific Coast liquefied natural gas export plants being considered by companies seeking higher prices for the fuel in Asia, including Royal Dutch Shell Plc and Petroliam Nasional Bhd.