Woodside to shelve LNG processing plant at James Price Point | News.com.au:
PREMIER Colin Barnett has refused to deny Woodside's $45 billion Browse project has been canned or shelved by the joint-venture.
Asked by Opposition leader Mark McGowan if the Premier had been advised by Woodside that the James Price Point project had been rejected by the consortium, Mr Barnett today told Parliament it was not for him to divulge market sensitive information.
The Sunday Times revealed in January that the proposed LNG hub in the Kimberley was unlikely to proceed because of escalating costs that threatened its profitability.
With this level of speculation the ASX would want a statement of some sort.
ReplyDeleteIt's price sensitive so would think the truth would be required but as they are so snakey no doubt there is a loophole there somewhere.
However will be watching the ASX tomorrow.
The link is : http://www.asx.com.au/
type in WPL and then Recent announcements.