Browse LNG infrastructure agreement in place

Offshore staff

PERTH, Australia – Woodside says it has reached a Native Title Agreement regarding the onshore portion of Browse LNG Precinct in Western Australia.

This A$1 billion ($1.072 billion) agreement is part of the groundwork needed to continue the development of the Calliance and Torosa gas and condensate fields 425 km (264 mi) offshore Kimberley.

The agreement provides a location for the onshore LNG and condensate production facilities and export infrastructure to be fed by the offshore fields.

Woodside says its commitments include implementation of ongoing education, training and employment initiatives, indigenous job targets, support for indigenous businesses, cultural initiatives, and payments upon project milestones being met, including a final investment decision.

06/30/2011



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