After years of wrangling over the location of the project, the oil company decided to shelve plans for an onshore facility in April after costs spiralled to an estimated $45bn.

The state government had demanded that the company go with the onshore option as the best way to boost the local economy.

But now Woodside says that a study has found that FLNG offers by far the most viable option to develop the reserves located far offshore and wants to use Shell’s huge floating barge concept.

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