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Woodside raises cost estimate for Scarborough gas field


Woodside raises cost estimate for Scarborough gas field
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Woodside, the nation’s largest oil and gas producer, has raised the cost estimate for the multibillion-dollar Scarborough gas field it plans to develop off Western Australia in a joint venture with BHP.
With both companies aiming to give the giant gas project the financial go-ahead later this year, Woodside on Wednesday revised the price tag up by 5 per cent to $US12 billion ($16.2 billion).
Woodside is seeking to expand its Pluto LNG plant in Western Australia. ....

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Campaigners 'dumbfounded' by abatement plan that will let Woodside increase emissions in WA | Western Australia


WA’s environment and climate action minister, Amber-Jade Sanderson, said its approval required emissions from Pluto LNG to be reduced by 30% by 2030 and to reach net zero by 2050.
Climate campaigners said this wording masked that emissions from Pluto would increase by about 60% this decade as its production expanded with the addition of a second LNG train. The 30% cut is relative to a 2007 estimate of what the emissions from a production facility of this size would have been.
They said the plan would only reduce the total emissions from the plant by about 2% once the full impact was counted, including downstream “scope 3” emissions released after the gas was shipped and burned overseas. Total emissions from the project would be equivalent to that released by 14 coal-fired power plants across their lifetimes, they said. ....

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