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+--- Thread: LNG World- Woodside Profit Nosedive (/showthread.php?tid=9759)
LNG World- Woodside Profit Nosedive - jft310 - 02-18-2016
http://www.lngworldnews.com/woodsides-profit-nosedives-as-low-oil-prices-continue-to-bite/
RE: LNG World- Woodside Profit Nosedive - ArtM72 - 02-18-2016
This certainly LOOKS like good news for IOC while very disturbing for Woodside...Browse now waiting for both FID and oil prices to return to levels above $55/bbl. Papua LNG just moved up in the queue.
RE: LNG World- Woodside Profit Nosedive - Putncalls - 02-18-2016
It was 11.7 MTPA for 40 billion or 3.4 billion per megaton. Papua LNG is ~2.1 billion per megaton. 50$ breakeven seems kind of low. I think FID on LNG from Australia won't happen in this decade. US projects would cost less than any Aussie project.
http://www.reuters.com/article/woodside-australia-postponment-idUSL3N0U02P920141216