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2016-03-25 19:25:00

AUSTRALIAN LNG: $400 BLN DOWN

AUSTRALIAN LNG: $400 BLN DOWN

 

AUSTRALIA LNG PROJECTS

 

Woodside Petroleum Ltd. and partners including Royal Dutch Shell Plc and BP Plc scrapped plans to develop the $40 billion Browse liquefied natural gas project in Australia after the plunge in oil and gas prices.

Australia's second-largest oil and gas producer won't go ahead with the floating LNG development after completing engineering and design work, the Perth-based company…

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Tags: AUSTRALIA, LNG, GAS

Chronicle:

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UAE RENEWABLE ENERGY

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