Equus FLNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Equus FLNG Terminal is a cancelled (inferred 4 y) LNG export terminal in Australia.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Equus FLNG Terminal | Onslow, Pilbara, Western Australia, Australia | -21.633333, 115.116667 (approximate) |
The map below shows the approximate location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Equus FLNG Terminal | export | cancelled (inferred 4 y) | 2 mtpa | 2.0 mtpa | True | Equus gas field |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Equus FLNG Terminal | export | US$3,500,000,000 | US$3,500,000,000 |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Equus FLNG Terminal | export | cancelled (inferred 4 y) | 2018 | – | – | – | 2022 (cancelled) |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Equus FLNG Terminal | export | cancelled (inferred 4 y) | Western Gas Corporation Pty Ltd [100%][1] | Copper Strike Ltd [100.0%] | – |
Background
In December 2018 Western Gas signed a memorandum of understanding (MOU) with McDermott and Baker Hughes to develop the Equus gas project offshore northwest Western Australia. The project includes a 2 mtpa floating LNG terminal, Equus FLNG, and the 160-km Equus Gas Pipeline.[2] The overall project costs are estimated to be between US$3 billion and US$4 billion.[3] In September 2019 Western Gas was reported to be seeking a partner for the project and appointed Goldman Sachs as an advisor.[4]
In April 2020, gasworld reported speculation that Western Gas was likely to delay the project due to LNG demand uncertainty caused by the COVID-19 pandemic.[5]
In December 2022, Western Gas said it had partnered with participants of North West Shelf project and Woodside Energy's Pluto LNG plant to annually process up to 3 million tonnes of low carbon dioxide gas from the Equus gas project off Western Australia for LNG export from 2027. The agreement does not state that there will be a new Equus FLNG project, but rather that gas will be processed at these existing LNG facilities.[6][7] Western Gas's project page still does not mention an LNG facility.[8]
As of May 2024, there have been no development updates in over 4 years and the project is presumed cancelled.
Articles and Resources
Additional data
To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.
References
- ↑ https://www.westerngas.com.au/equus-gas-project.
{{cite web}}: Missing or empty|title=(help) - ↑ Western Gas signs MOU for Equus gas project off Western Australia, Oil & Gas Journal, Dec. 14, 2018
- ↑ Angela Macdonald-Smith, LNG players in talks for $US4b WA project, The Australian Financial Review, Jan. 6, 2019
- ↑ Western Gas seeks partner for Equus LNG project off Western Australia, Reuters, Sep. 10, 2019
- ↑ Joanna Sampson, Falling oil and gas prices and Covid-19 hit Australia’s flourishing LNG sector, says GlobalData, gasworld, Apr. 23, 2020
- ↑ Reuters. Western Gas partners up to process gas from Australia's Equus LNG project. December 19, 2022.
- ↑ LNG Prime Staff (2022-12-20). "Woodside and partners ink deals to liquefy Equus gas at Pluto and NWS LNG plants". LNG Prime. Retrieved 2023-07-20.
- ↑ Western Gas. Equus Gas Project. Accessed July 2023.
