News Articles for John Watson

The joint venture partners of the Wheatstone LNG facility near Onslow have hailed first production, with the first of two gas processing trains coming online today.

Energy giant Chevron has committed $US2 billion ($A2.7 billion) next year towards completing its Gorgon and Wheatstone projects in Western Australia.

Woodside chief executive Peter Coleman told the LNG 18 conference in Perth today there could be opportunities for LNG producers to move further into downstream markets, particularly in developing countries, where demand for gas existed but barriers to entry had slowed take up.

LNG 18 conference organising committee chair Grant King is positive about the industry's future, despite the low oil price environment and a predicted short-term oversupply, saying international demand growth for electricity will underpin a need for gas.

SPECIAL REPORT: Western Australia's next major greenfields liquefied natural gas project could be a decade away after Woodside last month decided against further progressing its Browse floating LNG facility.

The hotel industry expects up to a quarter of Perth's hotel rooms to be filled by delegates attending next month's LNG18 conference, though the number of people attending and the flow-on economic benefits to the state remain unclear.

Six-and-a-half years after Chevron started development of Australia's single largest resources project, the $US54 billion Gorgon liquefied natural gas (LNG) plant has commenced production, though it is by no means complete.