‘Already seven years late': Woodside's North West Shelf gas project given 40 more years by Labor
MST Financial Senior Energy Analyst Saul Kavonic claims Woodside's Energy North West Shelf gas project's extension is already 'seven years late'.
Minister for Environment Murray Watt has approved a 40-year extension to Woodside's North West Shelf gas development in Western Australia.
'This approval was expected indeed, it was inevitable,' Mr Kavonic said.
'It was ultimately just delayed until after the election so that Labor didn't want to risk alienating any green-minded voters into the election.
'This really isn't a win for the economy or a win for the industry, because this is not an approval that should ever have been in jeopardy to begin with.'
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