Sunrise FLNG Terminal

From Global Energy Monitor
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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.

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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]

There have been no development updates since 2016 and the project is presumed to be cancelled.

As of July 2023, the Sunrise Joint Venture, Woodside, Timor Gap, and Osaka Gas, are in the midst of the concept selection for LNG production.[3]

Articles and resources

References

  1. Neil Ford, Dili to go it alone in high stakes gamble, Natural Gas World, January 21, 2020
  2. 2.0 2.1 Ross Kelly, Shell Gas Find Supports W Australia Floating LNG Plan, Rigzone, August 7, 2009
  3. 3.0 3.1 "Woodside, partners to pick plan for Timor Sea Sunrise gas project soon". Reuters. Retrieved 2023-07-13.
  4. Sunrise Floating LNG Terminal, A Barrel Full, accessed April 2017
  5. Diane Munro, "Qatar Moves to Ensure LNG Dominance," Arab Gulf States Institute in Washington, April 17, 2017.
  6. 6.0 6.1 Chee Yew Cheang, "Timor-Leste Prepares for Sunrise Project Even as Development Stays Elusive," Rigzone, February 15, 2016.
  7. Damon Evans, "East Timor's Gas Dream Is Doomed, ConocoPhillips And Woodside Have Failed," Forbes, December 12, 2016.
  8. Shell sells 26.56% stake in Greater Sunrise to East Timor for $300m, S&P Platts Global, Nov. 22, 2018

Related GEM.wiki articles

External resources

External articles