The proposed train would cost between $6 billion and $10 billion and would be capable of producing up to 6.5 million tonnes of LNG per annum, reported Reuters.



The company, which is pushing for commercialisation of the two gas finds in the Timor Sea, added that it is now loading one cargo of LNG every seven days.



The Woodside-operated Greater Sunrise fields hold an estimated 8 trillion cubic feet of gas and up to 300 million barrels of condensate while ConocoPhillips’ Caldita flowed gas at a rate of about 33 million cubic feet per day on a one-inch choke during drillstem tests.



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