(EnergyAsia, June 4, Wednesday) — Australian resources company Woodside Petroleum wants China to pay more for liquefied natural gas (LNG) supplies that they had signed for under a long-term contract in 2003. Then, crude oil was hovering around US$30 a barrel, and natural gas producers struggled to find customers. Chinese state-owned CNOOC agreed to peg…
AUSTRALIA: Woodside presses China to pay more for North West Shelf LNG
Posted on June 3, 2008 by EnergyAsia