December 22nd, 2011

Woodside hit with Browse costs, doubts: report

Business Spectator

Woodside Petroleum Ltd is facing growing doubts about its plans to use the James Price Point location on the Kimberley coast for its Browse liquefied natural gas (LNG) project amid estimates the building cost could rise beyond $US40 billion and a move yesterday by Woodside’s partners in the project to avoid endorsing the choice of James Price Point, according to a report by the Australian Financial Review.

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