Woodside CEO Says Growth Options Intact After Israel Deal
by Dow Jones Newswires
|Tuesday, December 11, 2012
PERTH - Woodside Petroleum Ltd. said Tuesday its offshore expansion plans remain intact following its purchase of a stake in a large natural gas field off Israel's coast, despite concerns the deal could see it blacklisted in other parts of the Middle East.
"Woodside's current footprint doesn't take us into some of the neighboring states around Israel, so we don't see it in anyway affecting us, either in the short-term or mid-term," Peter Coleman, Woodside's chief executive, told reporters on the sidelines of an industry conference.
Copyright (c) 2012 Dow Jones & Company, Inc.
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