It seems that Woodside Petroleum grew up to make a decision as it informed that it mothballed its controversial Browse LNG project. The US$40 billion onshore liquefied LNG project was put on hold due to raising ecological controversies and fast-increasing costs.
Woodside Petroleum Ltd., an Australian-based company, has informed that it submitted a bid to buy a stake of Leviathan. The company said that it was in the early stage of bidding for a share in a huge natural gas field offshore Israel. The bid for Leviathan is one of signs showing that Australia’s Woodside Petroleum is trying to expand its operations.