Woodside targets NWS gas processing agreement by year's end 

DESPITE a rise in production, the lagged oil price has come back to bite Australia’s LNG exporters as Woodside reports a 42% drop in sales revenue over the same period last year despite a strong rise in production. 

Woodside targets NWS gas processing agreement by year's end  Woodside targets NWS gas processing agreement by year's end  Woodside targets NWS gas processing agreement by year's end  Woodside targets NWS gas processing agreement by year's end  Woodside targets NWS gas processing agreement by year's end 
"As expected, sales revenue in the third quarter was impacted by lower realised LNG prices, reflecting the oil price lag in many of our contracts," CEO Peter Coleman said today.