Consulting group Energy Quest has cast doubt over the long-held expectation that Australia will overtake Qatar as the world's largest LNG producer, in part because of the anticipated decline in production at Woodside Petroleum's North West Shelf project.
A tieback of the Scarborough field into the Pluto LNG plant could well be the next major energy development in Western Australia, after Woodside Petroleum announced a deal to increase its stake in the field.
Some of the North West Shelf Venture partners might either sell their stake in the operation or take an equity interest in potential projects such as Browse as one potential solution to find backfill liquids for Karratha gas plant in the next decade, according to a report by Wood Mackenzie.
Special Report- Offshore oil & gas: First gas at the final train of Chevron's Gorgon project and two potential significant Woodside-led brownfields LNG projects are positives for an offshore energy industry under pressure. Click through for four related articles on the sector.
SPECIAL REPORT: Western Australia's next major greenfields liquefied natural gas project could be a decade away after Woodside last month decided against further progressing its Browse floating LNG facility.
SPECIAL REPORT: As the energy construction boom winds down, policy makers must get the settings right to prepare for future investment, while energy players mull the best way to allocate scarce capital.
