The North West Shelf Project - Authorisations - A91220 - A91223
Outcome
Granted with conditions
Applicant(s)
BHP Billiton Petroleum (North West Shelf) Pty Ltd
BP Developments Australia Pty Ltd
Chevron Australia Pty Ltd
Japan Australia LNG (MIMI) Pty Ltd
Shell Development (Australia) Pty Ltd
Woodside Energy Ltd
Authorisation number(s)/Date lodged
A91220,
31st March 2010
A91221,
31st March 2010
A91222,
31st March 2010
A91223,
31st March 2010
Summary
The North West Shelf Project (Project) partners that are participants in the Domestic Gas Joint Venture (BHP Billiton Petroleum, BP Developments Australia, Chevron Australia, Shell Development (Australia) and Woodside Energy) and the Incremental Pipeline Gas Joint Venture (BHP Billiton Petroleum, BP Developments Australia, Chevron Australia, Shell Development (Australia), Japan Australia LNG (MIMI) and Woodside Energy) collectively the `Applicants' seek authorisation to:
-jointly discuss and negotiate common terms and conditions (including price) and the methods by which domgas (natural gas supplied to customers in Western Australia) produced from the Project will be offered for sale
-enter into contracts, arrangements or understandings between the Applicants containing common terms and conditions (including price) upon which domgas produced from the Project will be offered for sale and sold
-give effect to existing domgas contract for their full term, including any extensions. This would also include giving effect to Domestic Gas Joint Venture gas supply contracts that may be assigned to the Incremental Pipeline Gas Joint Venture and
-give effect to domgas contracts entered into during the term of authorisation (or any extensions of such contracts) for a period of up to 25 years from the date of the first delivery of gas under those contracts.
The ACCC released a final determination on 8 September 2010 granting conditional authorisation to the Applicants until 31 December 2015.