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Woodside CEO says confident on Wheatstone LNG progress

Published 19/08/2016, 10:29 am
© Reuters.  Woodside CEO says confident on Wheatstone LNG progress
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MELBOURNE, Aug 19 (Reuters) - Woodside WPL.AX Chief Executive Peter Coleman said efforts to improve productivity by partner Chevron Corp (NYSE:CVX) CVX.N at the Wheatstone liquefied natural gas project gave him confidence the plant would start by mid-2017 and be within the $29 billion budget.

He said contractor Bechtel was bringing staff over from eastern Australia who had worked on the recent successful start-ups of LNG plants there, which also gave him comfort.

"That gives us some confidence in both schedule and cost," Coleman told analysts on a conference call.

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