Canadian tax cut deflates Woodside's Browse liquefied natural gas project

By Angela Macdonald-Smith
Updated November 3 2014 - 10:09am, first published October 22 2014 - 6:20pm
A cut to the tax on gas export projects boosts the prospects for LNG schemes in Canada, experts say. Photo: Michele Mossop
A cut to the tax on gas export projects boosts the prospects for LNG schemes in Canada, experts say. Photo: Michele Mossop
A cut to the tax on gas export projects boosts the prospects for LNG schemes in Canada, experts say. Photo: Michele Mossop
A cut to the tax on gas export projects boosts the prospects for LNG schemes in Canada, experts say. Photo: Michele Mossop
A cut to the tax on gas export projects boosts the prospects for LNG schemes in Canada, experts say. Photo: Michele Mossop
A cut to the tax on gas export projects boosts the prospects for LNG schemes in Canada, experts say. Photo: Michele Mossop
A cut to the tax on gas export projects boosts the prospects for LNG schemes in Canada, experts say. Photo: Michele Mossop
A cut to the tax on gas export projects boosts the prospects for LNG schemes in Canada, experts say. Photo: Michele Mossop

Woodside Petroleum's nascent ambitions to develop a $C15 billion ($15.14 billion) liquefied natural gas venture in western Canada have received a boost after British Columbia halved a proposed tax on gas export projects – but the same move could hinder its plans for the Browse floating project off Western Australia.

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