Woodside goes it alone on Scarborough LNG
Luring investment into greenfield gas projects is tough, even in a gas-starved world
Not even a global gas shortage can convince investors to put their faith in newbuild liquefied natural gas projects, it seems. Australia’s Woodside Energy made big, risky concessions with private equity financiers to get its flagship Scarborough LNG project off the drawing board. Scarborough is a drop in the global LNG ocean, but the trouble faced by Wo…