Woodside Chief Executive Peter Coleman said the Browse LNG project originally planned as an onshore plant in Western Australia, then switched to be a floating LNG venture could be brought back onto land again if such a move is merited by economic circumstances.

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Woodside Petroleum, the operator of the North West Shelf and Pluto liquefaction plants in Western Australia, reported improving results for LNG income as the Wheatstone project it is developing with Chevron Corp. moved closer to start-up with storage tank commissioning.

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The decision by BP to abandon its planned exploration and drilling programme in the Great Australian Bight offshore South Australia has left the state government and the region disappointed, though the UK company said it was still ready to invest in the Browse Floating LNG project offshore Western Australia.

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Australian liquefied natural gas operator Woodside has cancelled the planned Browse floating LNG joint venture offshore Western Australia because of the current economic and market environment.

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