Browse off the Shelf and back on Woodside's LNG agenda

Written on the 28 March 2017

Woodside Petroleum chief Peter Coleman says the company can double the life of the nation's biggest and oldest LNG export plant the North West Shelf at Karratha at a competitive price by piping gas 900km from the Browse gas joint venture, where studies on a $40 billion Browse floating LNG development were ditched last year.

The plan has now overtaken floating LNG as Mr Coleman's preferred development plan.

It brings studies of a long-awaited Browse development full circle from eight years ago, when then Woodside chief Don Voelte led the Woodside-operated Browse venture to drop the Shelf plans and instead investigate an LNG plant at James Price Point near Broome.

When that plan was dropped in 2013, after an $80bn development estimate, a floating LNG path using Shell technology was then investigated. That was ­officially dropped early last year.

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Source: The Australian