Page 12 - AsianOil Week 37 2022
P. 12

AsianOil                                     NEWS IN BRIEF                                           AsianOil










       Ranhill Worley to provide           Environmental Impact Statement (EIS) for   Indian LNG imports slump
                                           the proposed Browse to
       FEED for PTTEP's offshore           Australia, as directed by the Australian   19% in August
                                              North West Shelf (NWS) Project in
       Malaysian gas project               Department of Climate Change, Energy, the   India’s LNG imports in August were 2.37
                                           Environment and Water (DCCEEW).
                                                                                bcm (1.74mn tonnes), down 18.9% year on
       Bursa Malaysia-listed firm Ranhill Utilities   The offshore area comprising the   year, the country’s oil and gas ministry's
       said Wednesday that its affiliate firm   Brecknock, Calliance, and Torosa fields -   Petroleum Planning and Analysis Cell
       Perunding Ranhill Worley had won a   the Browse resource - sits in the offshore   (PPAC) website reported on September 19.
       contract with the Thai oil firm PTTEP to   Browse Basin, around 425 kilometers north   The imports were down 7.8% month on
       provide front-end engineering and design   of Broome in Western Australia.  month.
       (FEED) services for offshore facilities for   The final EIS includes responses to   The cumulative imports during the
       SK410B Lang Lebah development project,   comments received during the public   April-August period, the first five months
       offshore Sarawak Malaysia.          consultation process held over an eight-  of the 2022-2023 financial year, were 12.34
         The contract was awarded to Perunding   week period from December 2019 to   bcm, down 10.2% year on year.
       Ranhill Worley, a company, principally   February 2020.                    The LNG imports last month cost
       involved in the provision of engineering   "As operator of the proposed Browse   $1bn versus $1.2bn in August last year.
       and design services of oil and gas facilities.   to NWS Project, Woodside welcomes   The import cost during April-August was
       Ranhill Utilities, via its subsidiary Ranhill   the publication of the final EIS as a key   $5.6bn, up from $4.5bn in the same period
       Worley, owns a 49.0 % equity interest in   milestone for the project. The DCCEEW   last year, PPAC said.
       Perunding Ranhill Worley.           will now prepare its recommendation report
         The value of the FEED contract is 43.0   and provide it to the Minister," Woodside
       million Malaysian Ringgit or around $9,48   said.                        Chinese LNG imports down
       million. The contract and the scope of   The proposed Browse to NWS Project
       works under the contract for the project will  would send feed gas from fields in the   28% in August
       be carried out by Ranhill Worley.   offshore Browse Basin to be processed at
         The project is located in shallow waters,   the NWS Project’s Karratha Gas Plant.   Chinese LNG imports in August declined
       approximately 90 kilometers offshore   Browse and the NWS Project Extension are   28.1% year on year to 4.72mn tonnes,
       Sarawak, covering an area of around 1,870   expected to contribute to our communities   customs department data published on
       square kilometers.                  for decades to come.                 September 18 showed.
         PTTEP and its partner Petronas in    According to Woodside, the proposed   The cumulative LNG imports in the first
       February 2021 said they'd made a large gas   Browse to NWS Project could contribute to   eight months of 2022 came in at 40.64mn
       discovery at the Lang Lebah-2 well in the   energy security in Western Australia and   tonnes, down 21.3% year on year. China’s
       block                               in the Asia Pacific region, with production   pipeline gas imports last month rose 9%
         Phongsthorn Thavisin, PTTEP CEO at   capacity of 11.4 million tonnes per year   year on year to 4.13mn tonnes, the data
       the time, said the drilling result was "the   (LNG, LPG and Domestic Gas).   showed. The import volumes during the
       largest-ever gas discovery by PTTEP."    Woodside CEO Meg O'Neill said moving   January-August period were up 10.6% yr/yr
         Petronas said that the time that the   into the assessment phase for the proposed   to 30.40mn tonnes.
       well had been tested and flowed at 50   project was a significant and positive step   China last year imported a record 78.93mn
       million cubic feet of gas per day with a   in the regulatory approval process. “The   tonnes of LNG, up 18.3% year on year,
       significant amount of gas in place. This was   final EIS provides comprehensive detail of   customs department data published in
       an appraisal drilling to confirm the upside   potential environmental impacts, proposed   January showed.
       potential and to accelerate the development   mitigations and management measures.
       program.                               "The processing of Browse gas through
         Back in 2019, Petronas and its partners   the Karratha Gas Plant could provide   Origin leaves Australia's
       in Central Luconia Province drilled   energy needed in Western Australia
       commercially viable gas discovery through   and overseas, while providing jobs and   Beetaloo basin
       the first exploration well, Lang Lebah-  taxation revenue that support our host
       1RDR2.                              communities,” she said.              Origin Energy is diviesting its interest in
                                              Key work activities continue in support   the Northern Territory’s Beetaloo basin, as
                                           of progress towards front-end engineering   well as its upstream exploration permits not
       Woodside releases EIS for           design entry, Woodside said.         related to Australia Pacific LNG (APLNG),
                                                                                the company said on September 19.
                                              The corresponding State Environmental
       Browse to North West Shelf          Review Document Response to Submissions   with Tamboran (B1), an entity 50:50 owned
                                                                                  The company has signed agreements
                                           will also be published once accepted by
       (NWS) project                       the Western Australian Environmental   by Sydney-listed Tamboran Resources and
                                                                                its substantial shareholder, Bryan Sheffield,
                                           Protection Authority, the company added.
       Australian oil and gas company Woodside                                  to divest its interest in the Beetaloo basin
       on September 15 published the final                                      for an upfront consideration of A$60mn





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