• Most Popular
  • Most Shared

Woodside says no contracted LNG cargoes refused

Thu Apr 30, 2009 11:40pm EDT

Stocks

   

PERTH, May 1 (Reuters) - Customers of Woodside Petroleum Ltd (WPL.AX), Australia's second-largest oil and gas producer, have not refused any cargoes of liquefied natural gas (LNG) under long-term supply contracts, the firm said on Friday.

Woodside Chief Executive Don Voelte, speaking to reporters at the firm's annual meeting, also said Woodside was having no problem placing spot cargoes of LNG into the market, despite weaker demand because of the global recession. (Reporting by Fayen Wong; Editing by Mark Bendeich)



More from Reuters

Photo

Senate on verge of passing healthcare bill

WASHINGTON (Reuters) - Senate Democrats cleared the last 60-vote hurdle on President Barack Obama's healthcare overhaul on Wednesday, virtually ensuring final passage of its version of the biggest health policy changes in four decades.

» More Top News
A thermometer shows the temperature soaring to a record high in Tokyo as an unprecedented heatwave hit the capital, with the mercury hitting an all-time high July 20, 2004. REUTERS/Toshiyuki Aizawa
Alexander Smith:

Catch the M&A fever

Ask an investment banker about mergers and acquisitions in 2010, and the optimism is infectious. But will the fever catch on?  Commentary 

Deals
A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song
WEI GU:

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos.  Commentary | Video 

CHINA