feature collaboration at centre of north-west shelf preliminary tolling agreements
A key milestone towards processing of third party gas at the North West Shelf Project has been reached with the signing of two non-binding preliminary agreements.
The NWS Joint Venture Participants executed the agreements with both the Browse Joint Venture and Chevron, as titleholder of the Clio-Acme fields, to further progress both projects to processing their respective offshore gas resources through the NWS facilities.
As proponent of Clio-Acme and a Joint Venture Participant in the North West Shelf Project, Chevron has welcomed the execution of both the preliminary tolling agreements.
Chevron Australia Managing Director Nigel Hearne commended the efforts of all parties to reach this milestone, noting it as an important step towards the proposed development of Browse and Clio-Acme which are important enablers in transforming the North West Shelf into a competitive and profitable tolling facility.
“This would represent a compelling demonstration of a truly interconnected basin,” Mr Hearne said.
Chevron Australia Managing Director
Gas from Clio-Acme is planned to be brought through the Woodside-operated Pluto offshore infrastructure and then transported via the proposed Pluto-NWS Interconnector pipeline to be processed at the Karratha Gas Plant.
Chevron is pursuing the feasibility of the development of Clio-Acme through Pluto facilities for tolling at North West Shelf, with pre-FEED and geo-technical survey work underway.
In real terms, monetisation of Clio-Acme could equate to around 50 LNG cargoes per annum and around 70 terajoules of domestic gas per day for the Western Australian market. Clio-Acme is a 100 percent Chevron permit.