Woodside to Start Work on Pluto LNG Project

Tuesday, October 16, 2007
Australia's Woodside Petroleum Ltd reported it has been given the green light to start work on its 12 billion Australian dollar Pluto liquefied natural gas project in northwestern Australia after the federal government gave environmental approval for the development, according to a report by Forbes. Woodside, which is 34 percent owned by Royal Dutch Shell, said this is the last of the key state and federal environmental and heritage approvals required for the project to proceed. Woodside has already signed 15-year sales agreements worth billions of dollars with Japan's Tokyo Gas and Kansai Electric, totaling up to 3.75 million tons of LNG a year. It expects to sell the remaining output through additional term contracts or spot sales. First delivery is expected in late 2010. (Source: Forbes)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

LNG: Did the Greeks Get it Wrong?

In December 2013, Alibra’s market report front page read: “When in shipping, do as the Greeks do.” At that time, Alibra was referring to the fact that 31% of the

Ship of the Year Award for NYK Vessel

Japan's first LNG-fueled ship, Sakigake, which is a tugboat owned by NYK has been recognized with a Technology Special Award at the 2015 Ship of the Year Awards

First U.S. LNG shipment to cross expanded Panama Canal

The United States will ship its first liquefied natural gas (LNG) cargo through an expanded Panama Canal next week.   The waterway shaves distances between export

 
 
Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0670 sec (15 req/sec)