Shell gives nod to Crux gas field in Australia

Shell has given the go-ahead to develop the Crux gas field in Australia at an estimated cost of about $2.5bn. The new project has a role to play in the globe’s transition to cleaner energy.

Construction is expected to start in 2023 with first gas expected in 2027. The gas field will be developed via five wells, a pipeline to Prelude and a remotely-operated platform.

The field is being developed 620km north-east of Broome will feed Shell’s giant Prelude floating LNG gas plant, 160km to the south-west. It will provide up to 550 million standard cubic feet of gas a day.

Shell said the project will help its Asian customers move from coal to gas, and provide a secure supply source, a key factor after the imposition of sanctions on Russia.

Shell owns 82 per cent of Crux in partnership with Seven Group Holdings, the major shareholder in Seven West Media, owner of thewest.com.au. Seven had been exploring a sale of its stake.