ConocoPhillips has put its controlling stake in the big Barossa...

ConocoPhillips has put its controlling stake in the big Barossa and Caldita gas fields in the Timor Sea up for sale, throwing into doubt the US giant's interest in expanding its Darwin LNG processing plant.
It is understood ConocoPhillips was close to securing a buyer - thought to be a European energy group - for its 60 per cent stake in Barossa-Caldita until disagreement over processing options for the gas scuppered the deal in the run-up to Christmas.
It is not clear whether the scuppered deal also ended ConocoPhillips' global sales process.
ConocoPhillips is refusing to comment, claiming the matter is "commercial in confidence".
Its 60 per cent stake in Barossa-Caldita should be worth several hundred million dollars.
Santos, which owns the other 40 per cent, also would not comment, referring all questions to operator ConocoPhillips. Santos has previously said it is keen to advance Barossa-Caldita's development.

Needle..
i had been trying to establish how the different parties to ES viewed processing options if/when this decision was to be taken...

I have always considered the Darwin processing as the biggest barrier to TS processing....
from ur post it seems to me that Eni would not be favouring the Darwin option even though it has a share in it and it has permits to expand its capacity ...

clearly to me....Eni has a substancial implied leaning towards offshore processing most likely at TS.....
if this is correct it also explains there reluctance to say goodbye to Heron/Blackwood with all its hard to flow...trillions of gas..
thx for ur post..
dyor