Woodside’s massive Pluto project produces first gas


AFP

SYDNEY — Woodside Petroleum’s huge AU$14.9 billion (US$15.5 billion) Pluto project began its liquefied natural gas (LNG) output Monday ready to be shipped to Japan, seven years after the initial discovery. The Australian energy producer, whose project has been dogged by delays and cost blow-outs, called production a defining moment in its history. “Pluto cements Woodside’s position as a major supplier of LNG to the Asia-Pacific region and builds on our position as a global leader in upstream oil and gas,” said Chief Executive Peter Coleman. Pluto is among around a dozen gas-export terminals planned in Australia, potentially catapulting the country ahead of Qatar as the world’s largest exporter of LNG by the end of the decade.