LNG (LIQUIFIED NATURAL GAS)

BREAKING NEWS: Pluto pushed back again

WOODSIDE Petroleum has pushed back start-up of its Pluto liquefied natural gas project by another six months and added $900 million to the cost, bringing the total up to $14.9 billion.

Woodside now expects to ship its first cargo of LNG from the project in March 2012. The company pinned the blame on slower than expected progress in commissioning of the onshore gas plant and seven weeks...

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