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Article: Woodside Reviewing Off-Shore Options for Natural Gas Facility in California.
- Article from:
- Business Wire
- Article date:
- January 18, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LOS ANGELES -- Woodside Natural Gas Inc. has announced plans to seek approval for an off-shore sea-to-land pipeline that would bring a new secure supply of affordable natural gas to California.
Woodside's project, known as OceanWay, would use safe, state-of-the-art technology at least 15 miles off the coast of California and standard pipeline and storage facilities on land.
California imports 86 percent of its natural gas from the Gulf of Mexico, Canada and the Rockies. With those supplies declining, California natural gas costs have dramatically increased. Woodside Natural Gas, through its relationship with Woodside Energy Ltd. of Australia, has access ...