Report: Kogas in arbitration with Australia’s North West Shelf LNG project

Image courtesy of Woodside

South Korea’s LNG importing giant Kogas has reportedly gone into an arbitration with Australia’s North West Shelf export project led by Woodside.

Kogas is looking to settle a liquefied natural gas contract that ended in 2016, Reuters reported on Monday citing a Kogas spokesperson.

The arbitration relates to a difference over an agreed price renegotiation during a mid-term supply contract, the news agency said citing unidentified sources.

The North West Shelf project facilities include five LNG processing trains and two domestic gas trains. The facility is located 1260 kilometres north of Perth, Western Australia.

The LNG plant has an annual LNG export capacity of 16.9 mtpa which is exported to customers in the Asia Pacific region and beyond.

Woodside operates these facilities on behalf of the North West Shelf project participants. Other NWS JV partners are BHP Billiton, BP, Chevron, Japan Australia LNG (MIMI) and Shell.

 

LNG World News Staff

 

Share this article

Follow LNG World News

Events>

<< Nov 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

The International Gas Cooperation Summit (IGCS)

The Summit will put the objectives of South Africa and the region at the forefront of international gas development…

read more >

LNG Supply, Transport & Storage South Asia Forum 2018

LNG Supply, Transport & Storage South Asia Forum 2018 will address and propagate LNG imports…

read more >

The Nineteenth CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening is recognised as the premier end of year gathering for the global LNG industry.

read more >

LNG India Summit 2018

After three successful editions, LNG Summit is back with yet another edition for chief LNG…

read more >