WDS 0.96% $23.79 woodside energy group ltd

Horsetrader1What you say is only partially correct. WPL...

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    Horsetrader1

    What you say is only partially correct. WPL is
    ramping up its' LNG production.Train 5 has just
    been commissioned and Pluto is next.In terms of
    revenues,WPL is re-negotiating contracts as they
    expire to more closely track the oil price.Expect
    the next set of results to reflect this new focus.

    With many new LNG projects overseas experiencing
    extreme difficulties in commissioning,and LNG
    increasingly becoming a fuel of choice because of
    its' clean characteristics,current thinking is that
    LNG may in the near future trade at a premium to oil.
 
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