Total and partners launch development of GLNG project
Total, Santos, Petronas and KOGAS have announced the sanction of the Gladstone LNG project in Queensland, Australia, which comprises US$ 16 billion of investment in infrastructure. The plant is expected to deliver first LNG in 2015 and will have a capacity of 7.2 million tpa when complete. Binding LNG offtake agreements have been signed with Petronas and KOGAS to take 7 million tpy of LNG.
Total has a 27.5% interest, KOGAS has 15%, Petronas has 27.5% and Santos as operator has a 30% interest.
The plant will be fed by coal seam gas extracted from the Fairview, Arcadia, Roma and Scotia fields located in the Surat and Bowen Basin in Queensland.
Construction work is expected to commence immediately which will create 1500 jobs in the first half of 2011, 500 jobs will be created over the course of the project.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/14012011/total_and_partners_launch_development_of_glng_project/
You might also like
BOEM analyses proposed offshore well stimulation work at platform Gilda offshore California
The Bureau of Ocean Energy Management has issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which includes the use of hydraulic fracturing on 16 existing wells at Platform Gilda, located 8.8 miles offshore Ventura County, California.