Your post inferred that there was no substantial increase in new funds available. Given the near term expiry of Tranche D, I disagree.
A lot has changed since October 2020, and this may have too, but as far as I know this is the best available information about the WE plant:-
On the back of substantial foundation gas sales by both parties1, the joint venture has agreed a
significant increase in Phase 1 capacity to 80 TJ/d delivered to the Dampier to Bunbury Natural Gas
Pipeline (DBNGP). The Australian Gas Infrastructure Group (AGIG) remains the preferred proponent
to build, own and operate the facility and will complete a supplementary FEED study for the larger
capacity plant by the end of CY2020.
Ann: Terms agreed for $153m Development Funding Package, page-143
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