A stalled project in Bish Cove in Kitimat, British Columbia, October, 2018. Haisla Nation's Bish LNG GP Ltd. is set to take over the permits, licences and remaining land tenures for the abandoned Kitimat LNG project, which was scrapped by Chevron Corp. and Woodside Energy Group in 2021.

The Haisla Nation has reached a deal to acquire the assets of a cancelled project formerly envisaged to be one of the largest terminals for exporting liquefied natural gas from British Columbia .

The sellers, California-based Chevron Corp. and Australia’s Woodside Energy Group Ltd., finally scrapped the on-again, off-again project in 2021 after investing hundreds of millions of dollars. The co-owners, which each hold a 50-per-cent stake, had been unable to secure any buyers.

The agreement, revealed in

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