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|Woodside Gives Go Signal for Pluto-NWS Interconnector Pipeline|
|= Start-up planned in 2022 =|
Woodside Petroleum made a final investment decision (FID) for a new pipeline between the Pluto terminal and the North West Shelf (NWS) terminal. Through the new pipeline, the company, which is advancing the expansion of the two LNG projects as the operator, aims to optimize the transportation of feed gas.|
In tandem with the FID, the company signed an agreement with DDG Operations for construction, operation and maintenance of the pipeline. Construction and operation of the pipeline is subject to regulatory approvals by the State of Western Australia and finalization of commercial arrangements with the Pluto and NWS joint venture participants.
The start-up is planned in 2022. Woodside is working to establish the Burrup Hub, a huge LNG production area consisting of the two LNG terminals and their resources Scarborough and Browse gas fields.
A 4.8-mtpa LNG train is now in operation in the Pluto project. It is planning the second train procuring gas from the Scarborough field through the existing pipeline between the offshore base and onshore terminal, and targeting FID in the first half of 2020 and the first production in 2024.
Woodside also announced on 8th that the estimated gross contingent resource (2C) dry gas volume for the Scarborough field has increased by 52% to 11.1 Tcf from 7.3 Tcf.
The company is also developing the Browse gas field for the NWS project. It intends to transfer gas from the field by using existing facilities. NSW plans to start production of 10 mtpa of LNG in 2026-2027.
New LNG projects for the two gas fields were planed but have been significantly reviewed due to the worsened market and severe competition among LNG projects. Woodside intends to utilize existing facilities to supply markets with competitive LNG using gas from the fields.
|last modified : Tue 19 Nov, 2019 [11:34]|