Offshore staff
WEST PERTH, Australia — Western Gas has signed non-binding agreements with the North West Shelf (NWS) Project participants and Pluto LNG to process up to 3 MMt per year of gas from its 2-Tcf Equus development project offshore Western Australia.
The agreements would allow Western Gas to use in-place infrastructure to backfill existing LNG plants for exports and to supply domestic markets.
Equus gas will be supplied via an FPSO and a new 200-km offshore pipeline connecting the Equus fields to the offshore Pluto A platform, then transported onshore via the existing Pluto trunkline to the Pluto LNG complex and via Woodside Energy’s Pluto to KGP Interconnector to the Karratha Gas Plant.
Western Gas aims to market 2-3 MMt per year of LNG to international buyers from 2027 onward.
The company added it has the support of the Western Australia government for the Equus development and LNG export subject to the application of the Western Australia's 15% Domestic Gas Policy.
Western Gas, the NWS Project participants and Pluto LNG now plan joint technical studies on the integration and optimization of Equus into the existing infrastructure and to complete binding commercial arrangements for transportation and processing.
They will also identify greenhouse gas and emission reduction opportunities in relation to the upstream and downstream activities. Western Gas is targeting final investment decision on the project in 2024 and first gas in 2027, subject to successful commercial negotiations, joint venture approvals and regulatory approvals.
The NWS Project participants are Woodside (operator, 33.33%); bp Developments Australia (16.67%); Chevron Australia (16.67%); Japan Australia LNG (MIMI) (16.67%) and Shell Australia (16.67%).
The Pluto LNG participants are Woodside Burrup (operator, 90%); Tokyo Gas (5%) and Kansai Electric (5%).
12.20.2022
