CANBERRA, Sept. 24 -- BHP Billiton Friday approved the development of the 1.5 billion U.S. dollars Macedon gas field off the coast of Exmouth in Western Australia (WA).
& ~- h8 Y: m+ d1 Q" b7 c0 S; q( O BHP said it expects first production from its Macedon gas development, a joint venture with Apache Northwest Pty, in 2013.* u) o* A h4 k8 _! `
Recoverable reserves are estimated at between 400 and 750 billion cubic feet of gas from the project.
! ]! j z9 x) C5 ?; i% I4 W Z The Macedon project involves four offshore production wells supplying a wet gas pipeline to an onshore gas treatment plant to be constructed at Ashburton North, 17 km south-west of Onslow of WA.8 O$ X9 |+ Z+ v. {% k' ~+ r
According to BHP, a sales gas pipeline will be connected to the Dampier to Bunbury Natural Gas Pipeline for sale to the domestic gas market in WA.
' @: \ M* R0 t8 p& t" | BHP will provide 71.43 percent of the project cost, or 1.05 billion U.S. dollars, with the balance funded by joint venture partner Apache Northwest. |
发表于 2012-8-16 08:12:37
