Tuesday, April 10, 2012

Woodside gets nod for Browse delay - The West Australian

Peter Coleman. Picture: Iain Gillespie/The West Australian

Woodside gets nod for Browse delay - The West Australian:

Apart from high-profile opposition from environmentalists and some sections of the Broome community, some of Woodside's partners are also opposed to the James Price Point plan, arguing privately it is too expensive.

The dissenting partners want to use the Browse Basin gas as backfill for the North West Shelf LNG venture, which would require a pipeline to be laid from off the Kimberley coast to the Burrup Peninsula.

The backfill option would be substantially cheaper than the James Price Point proposal, which analysts have tipped could cost more than $30 billion.

But it would also delay development of the Browse Basin fields by several years.

Woodside had refused to comment on the cost speculation, citing the ongoing tender process.

1 comment:

  1. Overheard a large loud businessman/developer the bus in Perth's CBD this morning saying that development will be going ahead on 2014 when they have invested time in getting Broome community onside. His sense of self importance was a little overwhelming.