WDS 1.16% $28.84 woodside energy group ltd

pluto update sinking sp, page-12

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    The first cargo is now expected to leave the northern WA site one year later than originally forecast, and the cost has increased by a further $900 million.

    The latest delay, which comes after a six month delay and $900 million cost increase announced in November last year, was due to seven weeks of weather delays and slower than expected progress in commissioning the onshore gas plant, Woodside said.

    The total bill for the Pluto project, which is owned in a joint venture with Japan's Kansai Electric and Tokyo Gas, is now expected to be $14.9 billion, 13.7 per cent higher than previously stated.


    I'd be expecting further delays.

 
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