Rick Wilkinson
OGJ Correspondent
MELBOURNE, Feb. 9 -- Woodside Petroleum Ltd. and its partners in the Browse LNG project selected James Price Point as the site for the proposed LNG plant, which will process gas from Browse Basin fields.
Woodside plans to start front-end engineering and design work in 2011 leading to a final investment decision in mid-2012. The proposed $30 billion (Aus.) LNG plant is in the Kimberley region of Western Australia.
The site decision comes after the Australian government imposed a time limit last year regarding renewal of retention leases on the Browse gas fields—Torosa, Brecknock, and Calliance (OGJ Online, Dec. 4, 2009).
