Woodside said in a statement to the market that the actual volume sold will be dependent on the volume of LNG that NWS partners will commit to long-term customers in the key markets of Japan, Korea, China and Taiwan.
The LNG destined for Shell Eastern will supplied from the NWS' $1.6 billion fourth LNG train, which is more than 30 per cent complete and is expected to begin producing LNG in mid-2004.
The six equal participants in the North West Shelf Venture are Woodside Energy (operator), BHP Billiton Petroleum (North West Shelf), BP Developments Australia, Chevron Australia, Japan Australia LNG (MIMI) and Shell Development (Australia).
