EAST Timor says Woodside Petroleum's $2 billion cost blowout at Pluto gasfield augurs badly for the planned of the Greater Sunrise field.
Woodside and its joint venture partners, Shell and ConocoPhillips, in April decided to develop the fields through a $US10 billion-plus floating LNG development, angering the East Timorese government, which wants an LNG plant built in the tiny nation.
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Source: The Australian
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