D-Day looms amid Browse doubts

THE Browse FLNG development's partners will need to decide whether the current oil rout is part of a deeper structural shift or a short-term malaise, Woodside Petroleum CEO Peter Coleman said this morning, indicating that the mid-2016 date mooted for the final investment decision may actually be a call on whether Browse will go ahead at all.

D-Day looms amid Browse doubts D-Day looms amid Browse doubts D-Day looms amid Browse doubts D-Day looms amid Browse doubts D-Day looms amid Browse doubts

While Coleman told investors through last year that Woodside's expectation on break-even costs was about where the oil price was at the time, around $US50-55/barrel, the continued precipitous drop in

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