SYDNEY: Australia's Woodside Petroleum Ltd said the A$6.6bil Greater Sunrise gas project in the Timor Sea would likely stall amid a dispute between Australia and East Timor over splitting revenues.
Woodside previously said the project, scheduled to produce its first commercial liquefied natural gas (LNG) by 2010, could be delayed several years unless East Timor ratified a pact covering the development by the end of the year. – Reuters
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