Friday, April 12, 2013

Woodside massive Browse Basin gas venture on hold - ABC News (Australian Broadcasting Corporation)

Woodside massive Browse Basin gas venture on hold - ABC News (Australian Broadcasting Corporation):
 AM has been told that oil and gas producer, Woodside Petroleum, plans to abandon its proposed gas processing hub at James Price point, north of Broome in Western Australia. The company is expected to make an announcement to the stock exchange this morning. There's been staunch, broad opposition to the $45 million Browse project from environmentalists, residents and businesses as well as some traditional owners.

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