Quinta-feira, 20 de Maio de 2010

Bizarre scenes at Woodside gas talks

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THE SYDNEY MORNING HERALD - LINDSAY MURDOCH - May 20, 2010

Two Woodside executives failed to deliver the company's development plan for a floating liquefied natural gas platform above the Timor Sea's Greater Sunrise field to the regulator of East Timor's petroleum industry at an acrimonious meeting in Dili.

The independent National Petroleum Authority (NPA) demanded Woodside apologise for the behaviour of the two executives at the meeting in Dili on Tuesday.

Gualdino da Silva, the authority's president, told the Herald yesterday that Woodside executives Jon Ozturgut and Brendan Augustin left the meeting without shaking hands after he told them he could not accept the plan, prompting extraordinary scenes outside the venue.

"It was embarrassing," Mr da Silva said. Mr Ozturgut, the senior vice-president for Sunrise LNG Development, and Mr Augustin, Woodside's East Timor manager, left the folders on a table in the authority's office at the Prime Minister's complex in Dili.

But Mr da Silva said he asked his security guard to return the folders to the men after they had got into their vehicle outside the complex.

Mr da Silva said Mr Ozturgut pushed the folders back out of the vehicle's window. The guard then threw the folders on to a seat in the vehicle through the driver's door. The vehicle left with the folders inside.

A Woodside spokesman described the meeting as "cordial" and said there was no walkout.

Mr da Silva said he explained to Mr Ozturgut and Mr Augustin during the meeting he could not accept the plan to develop a floating platform when under the Greater Sunrise joint venture agreement, the stakeholders - including East Timor and Australia - had to consider all three possible development proposals.

These included piping the gas to either a processing plant in East Timor or in Darwin.

"I told them the NPA was not in a position to accept the folders and they had to take them back because they had not done all their homework," Mr da Silva said.

The setback for Woodside followed angry condemnation by East Timor's leaders of the company's announcement last month it had decided to develop a floating platform above the field.

The leaders said they would only approve the project if the gas was piped to East Timor, which would boost economic development in the tiny nation of 1 million people.

But Woodside's chief executive, Don Voelte, insisted that under an agreement signed 2½ years ago East Timor could not walk away from the multibillion-dollar deal.

The authority told Woodside it had failed to comply with its legal obligations before Woodside announced its decision to build one of the world's first floating LNG platforms. Mr Voelte denied the accusation.
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