North West Shelf Venture plans world�s largest LNG train

Participants in the North West Shelf Venture have approved a long-anticipated fourth liquefied natural gas train at the gas plant on the Burrup Peninsula, Australia. The $1.6 billion (Aus.), 4.2 million tonne/year train will be the largest LNG train in the world, said Perth-based Woodside Petroleum Ltd., operator of the venture.


By the OGJ Online Staff


HOUSTON, Apr. 2�Participants in the North West Shelf Venture have approved a long-anticipated fourth liquefied natural gas train at the gas plant on the Burrup Peninsula, Australia.

The $1.6 billion (Aus.), 4.2 million tonne/year train will be the largest LNG train in the world, said Perth-based Woodside Petroleum Ltd., operator of the venture.

Design work on the $800 million (US) train will be done in Perth. Construction of the train is expected to begin in September 2001. First production is expected to begin in mid-2004.

Woodside said the venture has also given in-principle support for a second trunkline to its gas fields, 130 km off Karratha. The 80-mile, 42-in. trunkline will cost $800 million (Aus.). A ninth LNG carrier, worth $165 million (US), has also been ordered from Daewoo Shipbuilding & Marine Engineering Co.

The North West Shelf Venture LNG Sellers have secured letters of intent with five Japanese customers for 2.9 million tonnes/year of LNG, and hope to secure more (OGJ Online, Jan. 16, 2001).

"The NWS expansion project will be one of the biggest industrial projects ever undertaken in Australia," said Keli Taureka of Chevron Australia Pty. Ltd., a partner in the venture. "We believe it will provide significant economic benefits both to the Pilbara region in Western Australia, and the entire country. It also supports and exemplifies Chevron's growth in the global LNG market and facilitates further domestic gas opportunities in Australia."

Independent studies estimate the project will support about 9,000 jobs during the construction phase between 2001-2004, said Chevron.

The Australian Minister for Industry, Science and Resources, Sen. Nick Minchin, said "This project, once completed, will bring Australia's LNG production capacity in 2005 to nearly 15% of the Asian market. This will be half way to meeting the industry's stated target of 30% by 2020."

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