Woodside Wins Key Enviro Nod For $40B Aussie LNG Project

Law360, New York (November 19, 2012, 1:21 PM EST) -- Woodside Petroleum Ltd. has secured a vital environmental approval from an Australian state government for its proposed $40 billion liquefied natural gas facility, which paves the way for further approvals to jump-start the project, the company announced Monday.

The Western Australia state environment minister, Bill Marmion, has greenlighted the formation of an LNG precinct that will be solely dedicated to gas processing and be anchored by Woodside's Browse project, according to a statement. Further approvals are still needed to get the long-delayed project, which is a...
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