Thursday, 28 June 2018

Investment in pipelines gives “illusion of security,” says Woodside CEO

Woodside-operated North West Shelf Project Woodside-operated North West Shelf Project

Dismissing investment in strategic natural gas pipelines as “an illusion of security of supply,” Peter Coleman, CEO of Woodside Petroleum, told the World Gas Conference in Washington that “sinking funds and time in laying a pipeline delivers dependence and limits choice.” Woodside has substantial stakes in three Australian LNG export plants.

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