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Scarborough's big upgrade lifts Woodside’s chances of luring investors

Angela Macdonald-Smith

A large upgrade to Woodside Petroleum's Scarborough gas field off Western Australia has provided a timely boost for the planned $16 billion Pluto LNG expansion, just as the company is seeking to lure customers and partners to the project.

The 52 per cent jump in the volume of gas at Scarborough far off the WA coast is much bigger than anticipated and has increased the profitability expected of the expansion.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com

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    Original URL: https://www.afr.com/companies/energy/big-boost-for-scarborough-gas-field-20191108-p538mq