Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 17 : 20-Jul-18
The partners in the North West Shelf venture have agreed to allow the LNG plant at Karratha to process third-party gas. This will include gas from Woodside Petroleum’s Browse LNG project. The North West Shelf’s gas reserves are expected to be exhausted some time after 2021, and the deal for third-party gas processing will extend the life of the Karratha plant. Meanwhile, Woodside has advised that it produced 22.1 million barrels of oil equivalent in the June quarter, while its sales totalled $US1.08bn.
CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, BHP BILLITON LIMITED – ASX BHP, CHEVRON CORPORATION, ROYAL DUTCH SHELL PLC, JP MORGAN AUSTRALIA LIMITED