Wednesday, 17 April 2024 06:06

Sunrise LNG study

Free Read

April 17 (LNGJ) - Woodside Energy, the Australian LNG plant operator, said energy engineering company Wood Plc of the UK, the winner of a tender, would conduct a study on the proposed Greater Sunrise LNG project involving Australia and the nation of Timor-Este. The Timorese would have a more than 56 percent share in the Sunrise LNG venture if it goes ahead while Woodside would hold 33.4 percent and Japanese utility Osaka Gas would have a 10 percent stake.

   “The study will consider the key issues for developing, processing, and marketing gas with a strong focus on delivery of gas to Timor-Leste for processing and LNG sales or the alternative of delivery of the gas to Australia,” Woodside said. The study is scheduled to be completed by no later than the fourth quarter of 2024. The Greater Sunrise gas fields are located 450 kilometres (280 miles) northwest of Darwin and 150km south of Timor-Leste.

Published in News in brief