MARKETS

Woodside facing BHP exit: Macquarie

WOODSIDE Petroleum’s push to pipe gas from its undeveloped Browse fields to the Karratha gas plant could see BHP exit the North West Shelf in 3-5 years, a deal which could be worth $6.6 billion, Macquarie says.

Woodside's determination to push Browse fields through KGP could push BHP out of NWS,

Woodside's determination to push Browse fields through KGP could push BHP out of NWS,

While Woodside believes its change of strategy on Browse to commercialising it via a tolling arrangement at KGP would make it competitive with US LNG projects, Macquarie believes that was "unlikely to...

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