Woodside Petroleum Q1 Sales Jump 21 Percent, Lifted by Pluto LNG

Bloomberg reported that Australian Woodside Petroleum announced that their first-quarter sales jumped by 21 percent, due to an uptick in LNG sales from the Pluto project.

As quoted in the market report:

Sales climbed to $1.45 billion in the three months ended March 31, from $1.2 billion a year earlier, the Perth-based company said today in a statement. That compares with UBS AG’s estimate of $1.43 billion.

To view the whole Bloomberg report, click here.