LNG

Oct 17 (LNGJ) - BHP Billiton, the Australian commodities company with substantial oil and gas assets, said its natural gas production increased by 5 percent in the third quarter to 112 billion cubic feet, reflecting increased volumes in Trinidad, an LNG producer. The company also has a 17 percent stake in the oldest Australian LNG export plant, the Northwest Shelf facility in Western Australia, operated by Woodside. BHP said that the Greater Western Flank project to extend LNG production at that facility was now 95 percent complete. BHP is also selling its onshore US shale assets. “Completion of the sale of BHP’s interests in the Eagle Ford, Haynesville and Permian onshore US oil and gas assets to BP America is expected to occur by the end of October 2018,” it stated.