LNG

NWS tolling deal to unlock Browse gas for LNG exports

The agreement will allow gas from the remote Browse fields to be exported as LNG and keep the North West Shelf project in use beyond 2020 The agreement will allow gas from the remote Browse fields to be exported as LNG and keep the North West Shelf project in use beyond 2020.
By Sally Bogle 27 July 2018 0 31915
An offshore platform belonging to Australia's North West Shelf project. The North Rankin complex, part of the North West Shelf project. (Woodside)

Gas from the Browse Basin fields offshore Western Australia looks likely to hit the international LNG market early next decade following news of a soon-to-be signed deal on third-party tolling through the North West Shelf (NWS) project. 

“Alignment has been reached between the NWS participants on nonbinding key commercial terms and pricing for processing third-party gas through NWS infrastructure,” Woodside Chief Executive Peter Coleman said in the group’s Q2 results statement on 19 July. “A preliminary tolling agreement is expected between the NWS project participants and...