29 May 2002
Number: 32/02


BHP Billiton, together with the other participants in the North West
Shelf Venture, today signed Sales and Purchase Agreements with Shell
Eastern LNG (Shell) for the sale of liquefied natural gas (LNG) from
the North West Shelf Venture in Western Australia (NWS).

The agreement covers the supply of up to 3.7 million tonnes of LNG
between 2004 and 2009 from the NWS LNG expansion project. The actual
volume will be dependent on the volume of LNG that the North West Shelf
LNG Sellers commit to long-term customers in the core markets of Japan,
Korea, China and Taiwan.

Shell will use the LNG to develop market opportunities outside of
the core markets of the NWS LNG Sellers.

The agreement with Shell follows the Key Terms Agreement signed in
May 2001, and is the fourth in a series of Sales and Purchase Agreements
to be signed for supply of LNG from the North West Shelf Venture's LNG
expansion project.

The project includes a fourth LNG processing train at the Venture's gas
processing facilities on the Burrup Peninsula, Western Australia, and a
second trunkline from the North Rankin A Platform to shore. First LNG
from the fourth train is scheduled for mid-2004.

BHP Billiton's equity in the North West Shelf Project is 16.67 per cent.
The other participants are Woodside Energy Ltd (operator - 16.67 per cent);
BP Developments Australia Pty Ltd (16.67 per cent); Chevron Australia
Pty Ltd (16.67 per cent); Japan Australia LNG (MIMI) Pty Ltd
(16.67 per cent); and Shell Development (Australia) Proprietary Limited
(16.67 per cent).

Further information can be found on our Internet site:

Andrew Nairn, Investor Relations
Tel:    +61 3 9609 3952
Mobile: +61 408 313 259

Mandy Frostick, Media Relations
Tel:    +61 3 9609 4157
Mobile: +61 419 546 245

United States
Francis McAllister, Investor Relations
Tel:    +1 713 961 8625
Mobile: +1 713 480 3699

United Kingdom
Mark Lidiard, Investor & Media Relations
Tel:    +44 20 7747 3956

South Africa
Michael Campbell, Investor & Media Relations
Tel:    +27 11 376 3360
Mobile: +27 82 458 2587

BHP Billiton Limited ABN 49 004 028 077
Registered in Australia
Registered Office: 600 Bourke Street Melbourne Victoria 3000
Telephone +61 3 9609 3333 Facsimile +61 3 9609 3015

BHP Billiton Plc Registration number 3196209
Registered in England and Wales
Registered Office: 1-3 Strand London WC2N 5HA United Kingdom
Telephone +44 20 7747 3800 Facsimile +44 20 7747 3900

A member of the BHP Billiton group which is headquartered in Australia