Ohanet
The US$1 billion Ohanet gas project generated Woodside's first foreign income from a non-Australian project when it was commissioned in October 2003.
Each day, the plant processes about 710 million cubic feet of gas from thirty-two wells and exports about 30,000 barrels of condensate and 26,000 barrels of liquid petroleum gas.
Under the project's risk service contract with the Algerian National Oil company, Sonatrach, Woodside receives a share of the condensate and liquid petroleum gas produced over 8 to 12 years. The final proportion received depends on market prices. Woodside has no share in pipeline sales gas.
| Location: |
1300km south-east of Algiers, Algeria |
| Permits: |
Ohanet North
Ohanet South
Askarne Guelta
Dimeta West |
| Discovered: |
1960 Ohanet
1979 Dimeta West
|
| Joint venturers: |
| Company |
Equity % |
Woodside
BHP Billiton (operator)
Japan Ohanet Oil and Gas
Petrofac Resources |
15
45
30
10 | |
