Browse keeps changing its story
In the past year, the new Browse gas project at Scott Reef has been pitched as the answer to a West Australian gas shortfall and as backfill for the ageing North West Shelf. Yet more than 50 years after discovery, and after $2.5 billion in development costs, it still hasn’t reached a final investment decision or FID, as it’s called. That usually says something about a project’s viability.
