Outgoing Woodside boss Peter Coleman is pleased to get a torrid 2020 behind him. The $US4 billion ($5.2 billion) loss he announced on Thursday, mainly due to massive write-downs caused by lower oil and gas prices, neatly explains why.
But Coleman also believes 2020 brought acceleration in many of the factors that give Woodside optimism about the outlook for LNG.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
