AUSTRALIA: Woodside hit by sharply higher cost, delay start-up for LNG project

(EnergyAsia, December 16 2010, Thursday) — A major liquefied natural gas (LNG) project in Australia has been hit by a combination of unexpectedly high cost and start-up delay. Woodside Petroleum Ltd said the foundation of its proposed Pluto liquefied natural gas (LNG) in Western Australia will cost A$14 billion, up by at least A$900 million…

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