Gladstone LNG

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This article is about the Australian LNG project. For the NASDAQ stock ticker symbol, see Golar LNG.
This article is an orphan, as no other articles link to it. Please introduce links to this page from related articles; suggestions may be available. (February 2009)
GLNG

GLNG is a planned liquefied natural gas (LNG) plant in Queensland, Australia. It is a leading project in the conversion of coal seam gas (coalbed methane) into LNG.[1] The project was announced in July 2007.[2]

Technical features

The project involves the production of coal seam gas in the Surat and Bowen basins in eastern Queensland, which surround the regional centres of Roma and Fairview. Gas will be piped then 435 kilometres (270 mi) to a gas liquefaction plant at Hamilton Point West on Curtis Island near Gladstone, Queensland.[2] There, coal seam gas will be converted into LNG.[1]

The initial annual capacity of the LNG plant will be between 3 million and 4 million tonnes of LNG.[3]

The front-end engineering and design (FEED) phase of the project is underway. The FEED work is being carried out by Foster Wheeler and Bechtel.[4][5] A final investment decision on the GLNG project is scheduled for the second half of 2010. The first shipments of LNG are scheduled for 2014.[1][2]

Partners

It is being developed by the Australian energy company Santos Ltd. with Malaysian gas company PETRONAS, who has 40% in the project.[2] Royal Dutch Shell is expected to buy from Santos a 30–35% stake in the project.[6]

The Brisbane office of Australian law firm Freehills acted for Santos. Whilst the deal was being done, Brisbane was affected by Cyclone Yasi and subjected to flooding. Michael Back, Freehills managing partner, took the decision to relocate the legal team to Sydney to finish the work.[7]

References

  1. ↑ 1.0 1.1 1.2 "Santos 'first to convert CBM to LNG'". Upstream Online (NHST Media Group). 2008-05-02. (subscription required). http://www.upstreamonline.com/live/article153782.ece. Retrieved 2008-05-31.
  2. ↑ 2.0 2.1 2.2 2.3 "Santos, Petronas To Form Gladstone JV". Downstream Today. 2008-05-29. http://www.downstreamtoday.com/News/Articles/200805/Santos_Petronas_To_Form_Gladstone_JV_11086.aspx. Retrieved 2008-05-31.
  3. ↑ "Santos 'close to sale of LNG stake'". Upstream Online (NHST Media Group). 2008-05-29. (subscription required). http://www.upstreamonline.com/live/article155840.ece. Retrieved 2008-05-31.
  4. ↑ "Santos Awards Gladstone LNG Contract To Foster Wheeler". Downstream Today. 2008-04-16. http://www.downstreamtoday.com/News/Articles/200804/Santos_Awards_Gladstone_LNG_Contract_To__10156.aspx. Retrieved 2008-05-31.
  5. ↑ "Santos Taps Contractors for Gladstone LNG Project". Downstream Today. 2008-04-08. http://www.downstreamtoday.com/News/Articles/200804/Santos_Taps_Contractors_for_Gladstone_LN_9946.aspx. Retrieved 2008-05-31.
  6. ↑ "Shell eyes Santos CBM stake". Upstream Online (NHST Media Group). 2010-07-09. (subscription required). http://www.upstreamonline.com/live/article220912.ece. Retrieved 2010-07-09.
  7. ↑ Stensholt, John (18 January 2011). "Santos deal rises above floods". Australian Financial Review: p. 34.

External links


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