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Final investment decisions have been made to approve the Scarborough and Pluto Train 2 developments, including new domestic gas facilities and modifications to Pluto Train 1. Scarborough gas processed through Pluto Train 2 will be one of the lowest carbon intensity sources of LNG delivered to customers in north Asia, with first LNG cargo targeted for 2026.
BHP Group has agreed to merge its oil and gas portfolio with Woodside to create one of the world's top ten independent oil and gas producers.
MELBOURNE: Woodside Petroleum and BHP Group gave their final go-aheads to spend US$12bil (RM50.23bil) to develop the Scarborough gas field off Western Australia and expand the Pluto liquefied natural gas (LNG) plant, with the first cargo expected in 2026.
For Woodside, the $16 billion Scarborough LNG project has gone from nothing to central to its existence in just five years.
Industry welcomes Australia's largest LNG development investment in a decade but environmental groups hit out at 'climate-wrecking project'