Woodside warns of $720m impairment over Canadian asset

Australian independent says full-year financials to include non-cash hit over Kitimat LNG and depressed gas market conditions

Impairment warning: Cranes work in the water at the Kitimat LNG site near Kitimat, in northwestern British Columbia — Impairment warning: Cranes work in the water at the Kitimat LNG site near Kitimat, in northwestern British ColumbiaPhoto: REUTERS/SCANPIX

Anamaria Deduleasa

London

Woodside Kitimat LNG Chevron Canada LNG

Published 11 February 2020, 12:02Updated 11 February 2020, 12:02