Thursday, October 17, 2013

Woodside renews Barnett stoush | The Australian

Woodside renews Barnett stoush | The Australian

Colin Barnett
Mr Barnett is furious with Woodside for abandoning its original development option of building a $40 billion-plus onshore plant at James Price Point in the Kimberley, arguing that the move to FLNG will cost local jobs.Source: The Australian
TENSIONS between Woodside Petroleum and West Australian Premier Colin Barnett have spilled into the open after the Perth company claimed the state government controlled a relatively minor 5 per cent of the massive Browse gasfields off the Kimberley coast.
Woodside's comments yesterday were designed to send a clear message to Mr Barnett that it does not need his support as part of its plans to develop the multi-billion-dollar Browse project using radical floating LNG technology.
The Premier is furious with Woodside for abandoning its original development option of building a $40 billion-plus onshore plant at James Price Point in the Kimberley, arguing that the move to FLNG will cost local jobs.
In an interview with The Australian last month, Mr Barnett warned Woodside that it may be unable to secure sales contracts for its Browse gas because he would refuse to allow his state's share of the massive resource to be developed using FLNG.
The Premier insisted the state had leverage over Woodside and its Browse partners because WA owned 30 per cent of the project's biggest field, Torosa, giving it ownership of about 15 per cent of the overall 15.9 trillion cubic feet of gas. The rest of the gas is in commonwealth waters.
- See more at: http://www.theaustralian.com.au/business/mining-energy/woodside-renews-barnett-stoush/story-e6frg9df-1226741275809#sthash.Kq76g8Os.dpuf

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