Browse LNG Terminal
|This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.|
Browse LNG Terminal is a proposed floating LNG terminal in Western Australia, Australia.
- Parent: Woodside Petroleum (31%), PetroChina (11%), Shell (27%), BP (17%), Mitsubishi (7%), Mitsui (7%)
- Location: Broome, Kimberley, Western Australia, Australia
- Coordinates: -17.961944, 122.236111 (approximate)
- Capacity: 3.3 mtpa per train, 9.9 mtpa total
- Status: Proposed, pre-FID
- Type: Export
- Trains: 3
- Start Year: 2023
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Browse LNG Terminal is a proposed LNG terminal in the Dampier Peninsula, in Kimberley, Western Australia.
The terminal is proposed for construction at James Price Point, 52 kilometres (32 mi) North of Broome on the Dampier Peninsula, Western Australia. The onshore project was abandoned after Australia's rising gas costs made the project unviable. In 2013 the project was to be developed as a floating LNG facility with minimal construction work to be undertaken in Australia.
The Browse FLNG partners put the $30 billion Browse floating LNG project on hold in 2016. In April 2019 it was reported that Woodside had revived the proposal and planned to complete the terminal by 2023. In February 2020, it was reported that the final investment decision (FID) for the now estimated US$20.5 billion project was being pushed out to late 2021 having previously been foreseen for late 2020. The implications of the March 2020 collapse in oil prices lead a senior executive of Woodside Petroleum to concede to reporters that the company was taking a "real hard look" at the prospects for its business, prompting further speculation that the company could be reconsidering its plans to go ahead with the Browse LNG terminal project as well as its proposed Scarborough LNG Terminal.
In March 2020, Woodside announced that it was delaying the FID for the Browse LNG Terminal as part of a package of spending cutbacks estimated at US$32 billion it had been compelled to make owing to its plunging stock-market value brought about by turmoil in the oil and gas markets which has been exacerbated by the global coronavirus pandemic.
In April 2021, The Australian Financial Review reported that Woodside's troubled Scarborough LNG Terminal may reach FID in the second half of 2021 and that FID on the Browse project was still possible, if less likely.
Reuters reported in 2017 about the general trend for cheaper alternatives to FLNG. FLNG were popular in the early 2010s when gas demand and prices rose, and before the US shale boom pushed down gas prices. Approximately 8.6 billion cubic feet per day of U.S. gas is estimated to enter the market by 2020. FLNGs also face massive costs of building a tanker that is a fraction of the size of onshore facilities.
The International Gas Union reports Browse FLNG partners are considering smaller-scale options.
While FLNG remains an option, Woodside makes the case to that bringing gas from Browse gas field and the southeastern Scarborough field into existing onshore facilities. Then expanded those facilities.
As of 2017, Australia is the second largest LNG exporter after Qatar. The country exports almost 44 million tons a year.
Several Aboriginal groups claim ownership over the Dampier Peninsula including the Goolarabooloo, Jabirr Jabirr, Ngumbarl, Nimanbur, and Nyul Nyul.
In 2011 the Jabirr Jabirr negotiated the Browse LNG land access agreements with the Woodside owners and the Western Australian government. The Jabirr Jabirr leaders argued that these agreements $1.5 billion worth of benefits were desperately needed for the Kimberley Aboriginal people. Goolarabooloo family oppose building the LNG and held a series of rallies alongside non Aboriginal environmentalists.
Articles and resources
- LNG export and import projects - 4Q 2020, Bloomberg Finance, January 21, 2021
- Jennifer Hewett, Peter Coleman calls time on big new LNG projects, The Australian Financial Review, Apr 23, 2021
- Browse LNG Terminal, Wikipedia, accessed April 2017
"Browse LNG". Woodside Petroleum. Archived from the original on 2012-12-26. Retrieved 2012-12-26. Cite uses deprecated parameter
- "Woodside Petroleum Cancels Onshore L.N.G. Project in Australia". New York Times. Retrieved 2013-06-27.
- "2017 World LNG Report" International Gas Union, Accessed June 20, 2017.
- 10 biggest upcoming Oil & Gas developments in Australia, engineeringpro, Apr. 10, 2019
- Woodside Pushes Back Browse FID Again, Offshore Engineer, Feb. 14, 2020
- Woodside's 'hard look' casts more doubt on LNG projects, The Australian Financial Review, Mar. 11, 2020
- $32 Billion In Australian Oil And Gas Work Deferred Till Markets Improve, Forbes, Mar. 27, 2020
- , Reuters, "Floating Liquefied Natural Gas production bows out as U.S. exports roil market," Reuters, March 9, 2017.
- Qatar Moves to Ensure LNG Dominance, Arab Gulf States Institute in Washington, April 17, 2017.
- The biggest threat to culture is not an LNG plant: the real battle for James Price Point, The Guardian, January 1, 2017.
Related GEM.wiki articles
Wikipedia also has an article on Browse LNG Terminal. This article may use content from the Wikipedia article under the terms of the GFDL.