North West Shelf Venture announced on September 1, 2008 that its fifth LNG processing train located at its Karratha Gas Plant in Western Australia is now fully operational and producing gas for export to customers around the world including Japan, China and South Korea.
The participants in the North West Shelf Venture are: Woodside Energy Ltd. (operator); BHP Billiton Petroleum (North West Shelf) Pty Ltd.; BP Developments Australia Pty Ltd.; Chevron Australian Pty Ltd.; Shell Development (Australia) Pty Ltd.; and Japan Australia LNG (MIMI) Pty Ltd., which is ultimately owned equally by Mitsubishi Corporation and Mitsui & Co., Ltd.
With Train 5 now on line, the North West Shelf Venture will produce an additional 4.4 million tonnes of LNG annually, boosting total annual production to 16.3 million tonnes.
LNG is regarded as an environmentally-friendly energy compared with alternative fossil fuels, and the demand for it is increasing worldwide. The increment in supply from an established project such as the North West Shelf Project, which is achieved by the commencement of Train 5, will contribute to the stable energy supply for North Asia and other markets.
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