Pluto LNG to Start Producing Gas Soon

Woodside’s Pluto LNG Project in Western Australia has reached ready for start up status, the company announced Thursday.

“The first production of LNG will take place in the coming weeks, followed by deliveries to foundation customers and project participants Kansai Electric and Tokyo Gas,” the company said.

The project is expected to contribute 17 to 21 million barrels of oil equivalent to Woodside’s 2012 production. It is also likely to contribute about 37 million barrels of oil equivalent to Woodside’s annual volumes.

The onshore project is forecast to produce  4.3 million tonnes a year.

The Greater Pluto fields are estimated to contain 5.5 trillion cubic feet of Proved plus Possible dry gas reserves and an additional 680 billion cubic feet of contingent resources.