Woodside Petroleum is believed to have ruled out a $15bn East Timor LNG export plant to process output from its Greater Sunrise fields, citing the disadvantages of a commercially unattractive project.
A Woodside spokeswoman said recently that the Perth company had told East Timorese authorities a local plant was not commercially attractive and it would instead focus on piping gas to Darwin, or building a floating LNG plant.
East Timor’s Natural Resource Secretary of State, Alfredo Pires, is reported to have said the decision would be a ‘major problem’ for the Government.
Pires noted that he had not been informed of the decision and the Government, which had to approve the Sunrise project, would still push hard to for an East Timor plant. Pires said he was more than hopeful an LNG plant would be built in East Timor.
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