-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ClZTQbuLPrvkpI9AnUNUSMPgXVvQi7LL0dQaTPyYwBNPOsgGdsUoBcIBiHnxsUrV ohnrylEqDcSxrbXWZCfkaw== 0000811809-01-500007.txt : 20010123 0000811809-01-500007.hdr.sgml : 20010123 ACCESSION NUMBER: 0000811809-01-500007 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010116 FILED AS OF DATE: 20010118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROKEN HILL PROPRIETARY CO LTD CENTRAL INDEX KEY: 0000811809 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 6-K SEC ACT: SEC FILE NUMBER: 001-09526 FILM NUMBER: 1510546 BUSINESS ADDRESS: STREET 1: 600 BOURKE ST STREET 2: MELBOURNE 3000 CITY: VICTORIA AUSTRALIA STATE: C3 ZIP: 00000 BUSINESS PHONE: 01161396093333 MAIL ADDRESS: STREET 1: 600 BOURKE ST STREET 2: MELBOURNE 3000 CITY: VICTORIA AUSTRALIA STATE: C3 ZIP: 00000 6-K 1 int.txt BHP SIGNS LNG LETTER OF INTENT Date 16 January 2001 Number 04/01 BHP SIGNS LNG LETTER OF INTENT BHP Limited (BHP), together with other participants in the North West Shelf Venture, today announced a Letter of Intent (LOI) with Osaka Gas Co. Ltd of Japan for the sale and purchase of liquefied natural gas (LNG) from the North West Shelf (NWS) in Western Australia. The agreement was signed by the six NWS LNG Sellers and covers the supply of one million tonnes of LNG per annum (mtpa) for a period of 30 years starting in mid 2004 conditional on negotiation of a complete sales and purchase agreement that the parties aim to finalise by the end of March 2001. President BHP Petroleum Philip Aiken said the agreement with Osaka Gas, an existing customer of the NWS LNG Sellers, represented a further important step in the finalisation of the planned $2.4 billion expansion of the North West Shelf LNG Project covering liquefaction facilities and a 42 inch trunkline. "The NWS is a key component in BHP's gas strategy and expansion of the existing production facilities will realise further shareholder value from the large gas resource," he said. The LOI with Osaka Gas follows the signing in September 2000 of LOIs between the NWS LNG Sellers and Tokyo Gas Co. Ltd and Toho Gas Co. Ltd of Japan for the supply of LNG for a period of 25 years, starting in 2004 and building to a volume of one mtpa of LNG by 2006. It is anticipated that further LOIs will be signed with several other customers in the coming months and that approval for a final investment decision for a fourth LNG train with a capacity of up to 4.2 million tonnes per annum will be sought in the first part of calendar year 2001. BHP's equity in the North West Shelf Project is 16.67 percent. The other participants are Woodside Energy Ltd (operator - 16.67 percent); BP Developments Australia Pty Ltd (16.67 percent); Chevron Australia Pty Ltd (16.67 percent); Japan Australia LNG (MIMI) Pty Ltd (16.67 percent); and Shell Development (Australia) Proprietary Limited (16.67 percent). Further information can be found on our Internet site: http://www.bhp.com Contact: MEDIA RELATIONS Michael Buzzard Senior Media Relations Advisor Ph: 61 3 9609 3709 Mob: 61 417 914 103 INVESTOR RELATIONS Andrew Nairn Senior Business Analyst Ph: 61 3 9609 3952 Francis McAllister Vice President Investor Relations Houston (North America) Tel: 1 713 961 8625 -----END PRIVACY-ENHANCED MESSAGE-----