Floating LNG best for Dili: Woodside

Woodside Petroleum says a floating LNG plant remains its preferred option for the Greater Sunrise gas field, after an East Timor official said Woodside was reviewing other processing options.


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This looks remarkably like bullying of East Timor. How much more costly would it be to build a pipeline to Timor? Are the costings in the public domain or are we just to take Woodside's word that it is more costly'? And even if it is more costly are profits the only criterion here when we are dealing with one of the world's poorest countries?

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Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
409thWoodside Petroleum0%1%
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th-Woodside Petroleum$5,050.0m
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1stPeter Coleman$7.555m
17thMike Utsler$1.986m
21stRobert Edwardes$1.668m
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