NEWS ARCHIVE

Woodside progresses fourth LNG front

UNDAUNTED by forecasts that the LNG glut will extend for another decade amid rising costs for major projects, Woodside Petroleum has inked a project development agreement with US-based Sempra Energy for the Port Arthur LNG natural gas liquefaction facility in Texas.

Anthony Barich

Woodside CEO Peter Coleman had said last year that Woodside had put an aggressive decision-making schedule on whether it should move forward with US LNG after originally signing a memorandum of understanding...

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