Reuters are reporting that Woodside Petroleum Ltd has announced that Q4 sales revenue slipped 6.9% from a year earlier, as pipeline natural gas production in the North West Shelf slumped.
Production fell to 21.9 mmboe, partly due to the delay in the start-up of the Wheatstone LNG project, and took full year output to 84.4 mmboe, at the lower end of the company’s forecast of 84 – 86 mmboe.
Woodside said it expects annual production of 85 – 90 mmboe in 2018.
Read the article online at: https://www.lngindustry.com/liquefaction/19012018/woodside-petroleum-q4-revenue-slips/
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