09.05.2006, 02:44 AM
SYDNEY (XFN-ASIA) – Woodside Petroleum Ltd said costs for the planned phase five expansion of its North-West Gas liquefied natural gas project are estimated to have risen by 21 pct to 2.42 bln aud because of higher labor charges.
The company, 34 pct owned by the Royal Dutch Shell group, said the spike in costs is largely due to a sharp rise, internationally, in labor charges in the construction industry. Woodside operates the project and is a one sixth owner alongside Royal Dutch Shell.
Already more than 14 bln aud has been spent on the LNG project’s development over a 20-year period, making it a major LNG project by world standards.
The fifth phase expansion includes the construction of an LNG processing facility with annual capacity of 4.2 mln metric tons of liquefied gas for export, largely to Asian markets.
Much of the additional gas is destined for China depending on sales contracts being signed, according to energy analysts.
The construction of the new processing train will require about 1,500 workers.
It comes at a time when demand for skilled industrial workers in Australia is at an all-time high because of a large amount of infrastructure projects, particularly within the resources sector.
Strong demand for commodities has prompted a need to build new capacity after many years of under investment in the sector.
The other equal participants in the North West Shelf Venture are BHP Billiton; BP Plc, Chevron Corp and Japanese consortium Japan Australia LNG (MIMI) Pty Ltd, comprising Mitsui Corp and Mitsubishi.
China’s CNOOC is also a member of the North West Shelf Venture and has a 25 pct interest in the a joint venture established in December 2004 to supply LNG to Guangdong Dapeng LNG.
CNOOC does not have an interest in North West Shelf Venture infrastructure.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
