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Woodside output and sales fall

Australian oil and gas producer Woodside has reported lower production and sales revenue in the three months ended March, as the North West Shelf asset, in Western Australia, delivered lowered oil volumes.

Volumes from the Vincent field owing to field decline, and at the Balnaves field, which ceased oil production in March. This was partially offset by higher pipeline gas volumes from Canada, as a result of additional wells starting production during the quarter.