Feb 14 (Reuters) - Woodside Petroleum Ltd WPL.AX :
* EXPECTS SOFTER PRICES FOR SPOT CARGOES AS CHINESE LNG DEMAND SOFTENS DUE TO CORONAVIRUS
* IT HAS BEEN A CHALLENGING START TO 2020 WITH 2 CYCLONES INTERRUPTING PRODUCTION ALREADY
* NORTH WEST SHELF LNG SHOULD RESUME FULL PRODUCTION IN COMING DAYS
* WOODSIDE PETROLEUM SEES DIFFICULT TRADING CONDITIONS IN 2020 AS NEW PRODUCTION ENTERS MARKET & DEMAND WORKS TO SOAK IT UP
* IN 2020, CONFIDENT MARKET WILL TIGHTEN WITH COAL-TO-GAS SWITCHING IN KEY MARKETS AND SOFT PRICES
* EXPECTS LARGE INCREASE IN CAPITAL SPEND THIS YEAR DUE TO COMMENCING EXECUTION ON NUMBER OF WORK FRONTS
* WOODSIDE PETROLEUM SEES SOFTER PRICES FOR SPOT CARGOES AS CHINESE LNG DEMAND SOFTENS DUE TO CORONAVIRUS,MARKET WILL REBOUND WHEN SITUATION IMPROVES
* FINANCIAL EXPOSURE FROM CORONAVIRUS IS LIMITED AS MAJORITY OF PORTFOLIO IS SOLD ON LONG-TERM CONTRACTS