Extract from AUST today:
WOODSIDE GAS DELAY TO FUEL FIGHT FOR WEST
The Coalition will look to exploit the latest uncertainty over Woodside Energy’s $30bn North West Shelf extension in its bid to win back West Australian seats that could prove decisive in the upcoming election.
Federal Environment Minister Tanya Plibersek used the cover of budget day to quietly announce that her decision on whether to allow Woodside to continue operating the North West Shelf gas project out to 2070 would be delayed until after the election.
The latest deferral was labelled “extremely disappointing” by Woodside and “an absolute disgrace” by the Coalition, and ensures that the contentious project will be a live issue throughout the upcoming election campaign.
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WDS Price at posting:
$23.25 Sentiment: Buy Disclosure: Held
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(20min delay)