Warrego’s gas sale to Alcoa will utilise almost 70% of the processing capacity of the gas plant. This production quantity is far in excess of Warrego’s 50% participating interest share and necessitated the Joint Venture putting gas balancing arrangements in place to enable Warrego to overlift significantly to meet its sales commitments to Alcoa.
The JV has put gas balancing in place to meet its commitments.
In effect WGO oversold their share and STX will be supplying a portion of the Alcoa contract.
40TJ/d each from phase 1
imo
Ann: Successful $75 million Institutional Placement and SPP, page-186
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