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LNG World- Woodside Profit Nosedive

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LNG World- Woodside Profit Nosedive
jft310 Offline
What I Hear.......
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#1
02-18-2016, 03:43 AM


http://www.lngworldnews.com/woodsides-profit-nosedives-as-low-oil-prices-continue-to-bite/ 

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ArtM72 Offline
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#2
02-18-2016, 01:44 PM
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 $55/bbl. Papua LNG just moved up in the queue.
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Putncalls Offline
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#3
02-18-2016, 02:18 PM
It was 11.7 MTPA for 40 billion or 3.4 billion per megaton. Papua LNG is ~2.1 billion per megaton. 50$ 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-...P920141216
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