Image Source: © Timonschneider | Megapixl.com
Highlights
- Woodside Petroleum’s Scarborough gas project dragged to WA court by climate activists.
- The WA’s Environmental Protection Authority’s (EPA) approvals had recently given a clearance to the LNG project.
- WPL shares remain unaffected from litigation blues.
Woodside Petroleum Ltd’s (ASX:WPL) Scarborough gas project is being tested for environmental approvals in the WA Supreme Court on Monday. The litigation has been reinstated a year after the conservation council of WA filed a suit against the state’s Environmental Protection Authority (EPA).
CCWA is challenging approvals given to Woodside by EPA
Also Read: ACCC gives the nod to BHP Petroleum-Woodside merger
How will WPL benefit from Scarborough gas field?
Meanwhile, on ASX today, WPL shares are in green, trading at AU$21.695 each as of 12:48 PM AEDT.
Bottom line
Despite litigations and court proceedings, Woodside is already moving ahead with the LNG development in Western Australia.
Also Read- Cobalt Blue Holdings (ASX:COB) signs MOU with Queensland for cobalt recovery
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and