LNG

Dec 5 - Woodside Petroleum's plans to build the $30 billion Browse LNG plant near Broome in Western Australia "have become less appealing" compared with an alternative of piping the natural gas 1,000 kilometres for processing as LNG at Woodside's existing North West Shelf plant near Karratha, the Australian press said, citing Credit Suisse energy analyst Sandra McCullagh. "Woodside maintains a preference for James Price Point, but we expect that competition for skilled labour and recent LNG sales from the US at prices linked to Henry Hub could see a shift in the company strategy," she was cited as saying. The Woodside partners in Browse are BHP Billiton, Chevron, Shell and BP.