WDS 0.63% $30.50 woodside energy group ltd

The JV are in an excellent position from a bargaining...

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    The JV are in an excellent position from a bargaining perspective, they will tell the Timorese that if they want it processed in Timor it wont happen for 5 years at best and may never happen given the many issues/risks with such a plan.

    As processing onshore Aus will be backfill and would happen quite quickly they might be able to throw some decent royalties % at the Timorese to keep them happy and get the project underway.
 
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