01/09/2008 - 14:59

New LNG plant starts production

01/09/2008 - 14:59

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The North West Shelf Venture's fifth LNG processing train has been completed bringing total investments in the venture's assets to more than $25 billion.

New LNG plant starts production

The North West Shelf Venture's fifth LNG processing train has been completed bringing total investments in the venture's assets to more than $25 billion.

Train five, which is located at the Karratha Gas Plant, is expected to contribute 4.4 million tonnes of LNG annually, bringing the venture's total annual production capacity to 16.3 million tonnes.

The expansion with capital investments of approximately $2.6 billion, includes a second LNG jetty and loading berth, two additional power generation units and other associated infrastructure.

BHP Billiton Petroleum chief executive, J Michael Yeager, said the continued growth in production of the North West Shelf Joint Venture was a key part of the foundation of its petroleum business.

"The North West Shelf is a world class asset and this investment adds significant new high-margin volumes and value to our business," Mr. Yeager said.

Woodside's executive vice president North West Shelf , Eve Howell, said the project's completion marked a significant milestone in the ongoing expansion of what was the first LNG plant built in Australia.

 

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