Conoco Turns Lukewarm on Cornerstone APLNG Project in Australia

摘要

Australia Pacific LNG (APLNG) partners ConocoPhillips and Origin Energy are expected to reach a final investment decision (FID) on the Queensland liquefaction facility by midyear, but the delayed coalbed-methane fed LNG project may undergo yet another round of changes before then, raising questions about how exactly the project fits into Conoco's long-term business strategy.