Chevron is setting its sights for mid-2017 for first liquefied natural gas (LNG) from its giant Wheatstone project in Australia, according partner Woodside Petroleum said.
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Illustration of Wheatstone, from Chevron. |
“The Julimar Project completed all construction and commissioning work on schedule and under budget in preparation for Wheatstone start-up in mid-2017,” Woodside CEO Peter Coleman said . “Wheatstone is a key component of our near-term growth strategy and will contribute over 13 MMboe of annual production once both trains are fully operational.”
The Wheatstone LNG storage tank one is ready for cooldown and all Train 2 modules are on-site, Woodside confirmed.
“The Wheatstone Project operator [Chevron] is expecting first LNG from Train 1 in mid-2017 with first LNG from Train 2 expected six to eight months later,” Coleman said.
Chevron’s Wheatstone project is one of Australia’s largest resource developments. It comprises the WA-17-R and WA-253-P gas fields in the Northwest Shelf, in water depths of 70-200m.
The project will have an onshore facility located at the Ashburton North Strategic Industrial Area, 7.4mi (12km) west of Onslow in Western Australia’s Pilbara region.
The foundation project includes two liquefied natural gas (LNG) trains with a combined capacity of 8.9 MTPA and a domestic gas plant.
The maximum total daily production from Wheatstone’s gas fields and third-party gas fields, including Iago, Julimar and Brunello, is expected to be approximately 1.6 Bcf of natural gas and 30,000 bbl of condensate.
The Wheatstone project is a joint venture between the Australian subsidiaries of Chevron (64.14%), Kuwait Foreign Petroleum Exploration Co. (KUFPEC) (13.4%), Woodside Petroleum (13%), and Kyushu Electric Power Co. (1.46%), together with PE Wheatstone, part owned by TEPCO (8%).
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