Australian Gas Giant Eyes Partnerships in Canada
From Financial Post
By James Paton
Woodside Petroleum Ltd., Australia’s second-biggest oil producer, said it’s in talks with companies for a potential partnership to enter Canada’s natural gas industry to tap rising Asian demand.
“It’s natural in an area that has the sort of hydrocarbon resource that Canada does that Woodside is in there talking to people,” Chief Executive Officer Peter Coleman said Thursday in an interview in Sydney, declining to name any companies.
Woodside, expanding overseas as Australia’s liquefied natural gas industry struggles with rising costs, is looking at possible deals in North America, Coleman said.
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