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China back in the mix for Woodside’s LNG – The Australian Financial Review
Prospects for the Scarborough project have strengthened as importers re-engage on sales deals and as some rival projects have fallen away.
Mr Coleman said LNG buyers had become “complacent” heading into the northern winter, mistakenly thinking they could rely on ample LNG being available as it had been earlier in 2020 to supplement their lower winter inventories.
“Buyers will now recalibrate as they go into future winters,” he said, describing the market as in balance rather than over-supplied as some had said.
Chief financial officer Sherry Duhe said discussions were continuing with interested parties to buy into Scarborough and the…
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