Friday, April 12, 2013

Woodside tipped to shelve gas hub project - The West Australian

Woodside tipped to shelve gas hub project - The West Australian:
The controversial James Price Point gas hub will today be pronounced dead, with project operator Woodside Petroleum expected to declare the $40 billion Kimberley development uneconomic.

The West Australian believes that Woodside will make the announcement shortly before the Australian Securities Exchange opens this morning, confirming widespread speculation that has been sweeping through the industry.

It will leave the future of what was going to be one of Australia's biggest-ever resources projects in limbo and fuel suggestions that Woodside's Browse project partner Royal Dutch Shell will get its way with an alternative offshore processing option.

1 comment:

  1. http://www.asx.com.au/asxpdf/20130412/pdf/42f6qd2zv5dml6.pdf

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