❓ A WA parliamentary question scrutinizing the Premier's statements regarding the Browse and Ichthys LNG projects, specifically concerning potential cost savings at the James Price Point gas processing hub. The questions focus on communication with Inpex and the basis for a $5 billion savings estimate.
AnsweredQoN 7576Legislative Assembly
QuestionView source ↗
(1) I refer to the Premier's statement in the media in December 2011 that the delay to an investment decision by the Woodside-led Browse project would allow the Inpex-led Ichthys LNG project to use the proposed James Price Point gas processing hub, and I ask:
(a) did the Premier have any discussions with Inpex between 19 December 2012 and the 13 January 2012, and if yes, on what date(s), and with whom;
(b) on what date did the Premier become aware that Inpex were proceeding with the Ichthys project using on-shore LNG facilities in the Northern Territory;
(2) I refer to the Premier's estimate that locating Inpex's Ichthys project's on-shore LNG facilities at James Price Point would save the proponent's $5 billion, and I ask:
(a) who calculated the amount of $5 billion;
(b) how was this $5 billion saving calculated;
(c) will the Premier table the mathematical model that was used to calculate the $5 billion saving;
(d) who developed the mathematical model that was used to calculate the $5 billion saving; and
(e) what elements are included in the mathematical model that found this $5 billion saving?
(a) did the Premier have any discussions with Inpex between 19 December 2012 and the 13 January 2012, and if yes, on what date(s), and with whom;
(b) on what date did the Premier become aware that Inpex were proceeding with the Ichthys project using on-shore LNG facilities in the Northern Territory;
(2) I refer to the Premier's estimate that locating Inpex's Ichthys project's on-shore LNG facilities at James Price Point would save the proponent's $5 billion, and I ask:
(a) who calculated the amount of $5 billion;
(b) how was this $5 billion saving calculated;
(c) will the Premier table the mathematical model that was used to calculate the $5 billion saving;
(d) who developed the mathematical model that was used to calculate the $5 billion saving; and
(e) what elements are included in the mathematical model that found this $5 billion saving?
AnswerView source ↗
Answered
1 May 2012
Response time
40 days
Department of State Development advises:
(1)(a) No.
(1)(b) 13 January 2012, when INPEX announced its decision to proceed.
(2)(a-e) The stated saving was an estimate rather than a modelled calculation. Savings would arise from the considerably shorter pipeline required for a project located at the Browse LNG Precinct. Further synergies would result in cost savings from the sharing of infrastructure. However, the final amount would vary depending upon the final arrangements agreed between parties.
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(1)(a) No.
(1)(b) 13 January 2012, when INPEX announced its decision to proceed.
(2)(a-e) The stated saving was an estimate rather than a modelled calculation. Savings would arise from the considerably shorter pipeline required for a project located at the Browse LNG Precinct. Further synergies would result in cost savings from the sharing of infrastructure. However, the final amount would vary depending upon the final arrangements agreed between parties.
Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
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