Australia: Duet Unit Inks Wheatstone Pipeline Deal

Duet Unit Inks Wheatstone Pipeline Deal

DUET Group announced that its 100% – owned DBP Development Group (DDG ) has reached an agreement with Chevron Australia to build, own and operate the domestic gas pipeline for the Chevron – operated Wheatstone Project.

The Wheatstone Ashburton West Pipeline Project will link the Wheatstone Project’s domestic gas plant to the Dampier to Bunbury Natural Gas Pipeline (DBNGP).

The Project includes:

– refurbishment of DDG’s existing 87 kilometre 10 inch pipeline from Ashburton West to Compressor Station 2 on the DBNGP;

– construction of an 87 kilometre 16 inch loop alongside the existing 10 inch pipeline;

-construction of a new 22 kilometre 16 inch pipeline , connecting Ashburton West to the Wheatstone Project’s domestic gas plant ; and

– an initial 30 – year 100% take – or – pay gas transportation contract between DDG and Chevron Australia.

The project is expected to be completed by December 2014 at a total cost of $94.9 million, generating $13 million of forecast cash available for distribution in CY2015.

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LNG World News Staff, September 2, 2013; Image: Chevron