Woodside Petroleum and its partners have been accused of holding back natural gas shipments to try to get out of a deal guaranteeing China 25 years of cheap gas.
Woodside Petroleum and its partners have been accused of holding back natural gas shipments to China as a negotiating tactic to raise the price of a contract guaranteeing 25 years of cheap energy.
The $25 billion contract, signed in 2002, contained no clause to raise the historically low price.
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Angus Grigg is an investigative reporter based in Sydney. He has worked as a foreign correpondent in China and Indonesia, and has won two Walkley Awards. Connect with Angus on Twitter. Email Angus at agrigg@afr.com
