WDS 0.99% $27.52 woodside energy group ltd

Horsetrader1 Originally the onshore pluto operation envisaged 2...

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    Horsetrader1 Originally the onshore pluto operation envisaged 2 trains. 1 first and the other after enough gas had been proven/discovered. It doesn't cost twice as much to build the 2nd train but you will return more than double the profits as operating costs would not double, because of existing infrastructure eg loading facility etc. It is therefore highly desirable to build the 2nd train once gas has been sourced. There is room available at the site for the 2nd train as they have to be built on same level ground. Another benefit of a 2nd train is when one has to be taken offline for maintenance/shutdowns. Shutdowns don't always go to plan which could put supply contracts with customers at risk having to source a cargo elsewhere for the customer. Anyway the short of it is I think they are keen as mustard to find the gas for the 2nd train. Then watch your divi increase.
 
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