Sunrise FLNG Terminal
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Sunrise FLNG Terminal is a liquefied natural gas (LNG) export terminal proposed in the Timor Sea between Timor-Leste and Australia.
Location
The terminal is proposed to be located in the Greater Sunrise gas fields between Timor-Leste and Australia.
Project details
- Owner: Timor-Leste (56.56%), Woodside Petroleum (33.44%), Osaka Gas (10%)[1]
- Location: Timor Sea, Australia and Timor-Leste
- Coordinates: -9.6442, 128.0850 (approximate)
- Type: Export[2]
- Capacity:
- Status: Proposed[3]
- Start year:
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Background
Sunrise FLNG Terminal is a proposed LNG terminal in East Timor and Australia.[4] As of 2017, Australia was the second largest LNG exporter after Qatar. The country exports almost 44 million tons a year. [5]
The Sunrise LNG Terminal would be located at the Sunrise and Troubadour fields. The fields are located approximately 93 miles south-east of East Timor and 280 miles north-west of Darwin. They hold 5.13 trillion cubic feet of gas and 225.9 million barrels of condensate.[6] The terminal had a proposed capacity of 3.6 mtpa.[2]
Forbes reported in 2016 Greater Sunrise’s gas reserves are potentially worth more than $8 billion to East Timor.[7]
In February of 2016, Rigzone reported that the Sunrise development had stalled on the account that the Australia and East Timor governments had yet to agree on their maritime borders.[6]
In October 2018 ConocoPhillips sold its 30% share in the Sunrise gas project to the government of Timor-Leste for $350 million, and in November 2018 Shell Australia sold its 26.56% share in the gas project to the government of Timor-Leste for $300 million.[8]
As of July 2023, the Sunrise Joint Venture, comprising Woodside, Timor Gap, and Osaka Gas, was in the midst of the concept selection for LNG production.[3]
In July 2024, Riviera reported that Wood Group has been contracted by the Sunrise Joint Venture to conduct concept studies of the LNG project.[9]
Articles and resources
References
- ↑ Neil Ford, Dili to go it alone in high stakes gamble, Natural Gas World, January 21, 2020
- ↑ 2.0 2.1 Ross Kelly, Shell Gas Find Supports W Australia Floating LNG Plan, Rigzone, August 7, 2009
- ↑ 3.0 3.1 "Woodside, partners to pick plan for Timor Sea Sunrise gas project soon". Reuters. Retrieved 2023-07-13.
- ↑ Sunrise Floating LNG Terminal, A Barrel Full, accessed April 2017
- ↑ Diane Munro, "Qatar Moves to Ensure LNG Dominance," Arab Gulf States Institute in Washington, April 17, 2017.
- ↑ 6.0 6.1 Chee Yew Cheang, "Timor-Leste Prepares for Sunrise Project Even as Development Stays Elusive," Rigzone, February 15, 2016.
- ↑ Damon Evans, "East Timor's Gas Dream Is Doomed, ConocoPhillips And Woodside Have Failed," Forbes, December 12, 2016.
- ↑ Shell sells 26.56% stake in Greater Sunrise to East Timor for $300m, S&P Platts Global, Nov. 22, 2018
- ↑ "Study begins on massive Greater Sunrise floating LNG project". Riviera. Retrieved 2024-07-15.
