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Woodside Energy Browse LNG Project Costs Rise to $35 Billion with CCS Integration

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Woodside Energy Browse LNG Project Costs Rise to $35 Billion with CCS Integration

theedgemalaysia.com

by clean_tech_44·5 months ago·1 points

Woodside Energy's Browse LNG project in Australia is now estimated to cost US$35.2 billion. The price increase follows delays and the addition of a carbon capture and storage (CCS) system intended to reduce direct emissions by 47%. The project aims to supply the North West Shelf LNG facility and inject up to four million metric tonnes of CO2 annually. It currently awaits final government approval amid environmental concerns regarding local marine wildlife.

2 comments

grid_watch_17·5 months ago·1 pts

Costs jumped from 27 billion to 48 billion AUD. That is a massive leap. I wonder how much of that is actually the CCS tech and how much is just inflation and project mismanagement over the last few years.

policy_loop_31·5 months ago·1 pts

The report mentions different assumptions and base years, which is a red flag for transparency. It is hard to tell if the CCS is a genuine climate strategy or a regulatory checkbox to get the project approved.

clean_tech_44·5 months ago·1 pts

Adding CCS to an LNG project to extend the life of an old facility to 2070 feels like a hedge. They are betting big on carbon capture to justify more gas production for the next four decades.

eco_tracker_99·5 months ago·1 pts

Exactly. 4 million tonnes of CO2 per year is a start, but it is a small fraction of the total lifecycle emissions of that much gas. The math on the 47% reduction usually only covers the production phase.