LNG

Woodside Petroleum, the operator of the North West Shelf plant and Pluto LNG in Western Australia, reported full-year net profits of US$1.98 billion versus a loss of US$4.28Bln in the previous year and two major liquefaction plant maintenance turnaround are scheduled for 2022.

Royal Dutch Shell has joined Western Australian LNG operator Woodside Petroleum and Petronas of Malaysia in making a minority investment in the online liquefied natural gas trading platform GLX.