Woodside Says Likely to Delay Final Investment Decision at Browse

摘要

Australia’s Woodside Petroleum indicated Monday that the final investment decision (FID) for its 12 million ton per year Browse LNG project will be delayed from mid-2012 to 2013. The move did not come as a surprise and could clear the way for a review of the project’s development options. “The current Browse Basin retention leases require the lessees to be in a position to consider a final investment decision by mid- 2012. Woodside believes an extension into the first half of 2013 may be required,” a statement said.