Up to 7 MMtpy of spare capacity available at North West Shelf by 2027
Wood Mackenzie’s latest report shows that the North West Shelf (NWS) LNG project could have up to 7 million tons per year (MMtpy) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity. The Woodside-operated five-train NWS facility has been producing LNG since 1989. Next year production capacity becomes available for the first time. Wood Mackenzie senior analyst Daniel Toleman said: “Decisions on how to fill this gap need to be made now, not only because time is running out, but also because the joint venture is breaking-up. Chevron is running a process to sell out of the NWS, and we see other majors likely to follow.” “We see two windows of opportu
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