Regional LNG: Woodside: Wheatstone commences LNG production
Monday, October 9 2017 - 12:45 PM WIB
ASX-listed Woodside Petroleum Ltd announced on Monday that Wheatstone LNG has commenced production from its onshore facility near Onslow, Western Australia. The first LNG cargo is expected in the coming weeks.
Woodside CEO Peter Coleman said the first LNG production represented a significant milestone for all of the Wheatstone LNG joint venture participants.
?Wheatstone is a world-class asset and the safe start-up of the facility was one of our priorities for 2017, supporting our near-term growth strategy,? he said in a statement.
?We are proud of the support our staff provided to the operator and its contractors, drawing on Woodside?s extensive experience delivering LNG projects. We will continue to support the operator in optimizing lifting costs and increasing production volumes, to maximize the value of our investment,? he said.
First LNG production from Wheatstone Train 2 is expected in six to eight months. Once fully operational, Wheatstone LNG will contribute more than 13 MMboe to Woodside?s annual production.
The Wheatstone Joint Venture participants are Kuwait Foreign Petroleum Exploration Company (KUFPEC), Chevron (operator), PE Wheatstone and Kyushu Electric Power Company.
Editing by Reiner Simanjuntak