GLNG hits production milestone

Santos has announced that 1 million t of LNG has been produced at its Gladstone LNG (GLNG) export terminal since it commenced production last year.

The GLNG project, located on Curtis Island, Queensland, Australia, produced its first LNG in September 2015 on schedule and within budget.

The first shipment of LNG left the US$18.5 billion LNG project in October 2015. The first cargo was carried by the Malaysian-owned LNG ship Seri Bakti and was delivered to South Korea.

At the time of the first shipment, Santos Managing Director and Chief Executive Officer, David Knox, said: “Successfully delivering our first operated LNG project is a testament to our dedicated employees and contractors, the support we have received from governments, local communities, our customers and shareholders, as well as the strong relationships we enjoy with our joint venture partners.”

GLNG produces natural gas from Queensland’s coal seams and converts it into LNG. It involves gas field development in the Surat and Bowen Basins, a 420 km gas transmission pipeline and a two-train LNG plant on Curtis Island, which will have the capacity to produce 7.8 million tpy of LNG when fully operational.

Santos is the operator and has a 30% interest in the LNG project. Other co-venturers include Petronas (27.5%), Total (27.5%) and Kogas (15%).

Edited from various sources by Callum O'Reilly

Read the article online at: https://www.lngindustry.com/liquefaction/12022016/glng-hits-production-milestone-1992/