Australian LNG Projects Worth A$100 Billion Await Decisions
From Businessweek
Exxon Mobil Corp. (XOM)’s liquefied natural gas venture in Australia is among four projects that may make final decisions in the next 18 months on investments totaling about A$100 billion ($104.3 billion).
Final determinations are expected for Woodside Petroleum Ltd. (WPL)’s Browse and Sunrise projects, Exxon Mobil’s and BHP Billiton Ltd. (BHP)’s Scarborough gas field and Hess Corp. (HES)’s Equus project, Martin Ferguson, Australia’s natural resources minister, said in a Sept. 21 interview in Tokyo.
