Woodside likes PNG, cold on East African hotspots

WOODSIDE Petroleum CEO Peter Coleman has shown a liking for pushing the Australian oil producer offshore in recent months – but has contrasting views of two of the world’s energy hotspots.
Papua New Guinea’s potential as an exporter of large volumes of natural gas to Asia means the Southeast Asian country is firmly on the company’s radar for expansion, but East Africa is off limits to Woodside for the time being despite a series of world-class gas discoveries there.
 Woodside is scouring the world for opportunities after a large hole opened up in its production profile following the successful start-up of its A$14.9 billion Pluto LNG project in Western Australia state. –  WSJ