Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 18 : 25-Jun-19
The parties involved in the North West Shelf venture were hoping to reach agreement on the processing of third-party gas by the end of June. However, venture partner Shell recently indicated that a delay in reaching a final agreement is possible, and Woodside Petroleum CEO Peter Coleman has confirmed that this is likely to be the case. However, he said a decision on final approval for the US20 billion ($28.8 billion) Browse project remains on target for the end of 2020.
CORPORATES
SHELL COMPANY OF AUSTRALIA LIMITED, WOODSIDE PETROLEUM LIMITED – ASX WPL, BP PLC, BHP GROUP LIMITED – ASX BHP, CHEVRON CORPORATION, SAUDI ARAMCO, ENN GROUP