Australia’s Gladstone LNG project loads inaugural gas shipment
The first LNG shipment from the Gladstone LNG project in Australia has been loaded and is now on its way to South Korea, project officials confirmed on Friday.
The plant at Curtis Island will produce 7.2 million tpy of LNG, once at full capacity. All production from the plant will be sold under long-term contracts to Asian buyers, notably in South Korea and Malaysia.
"Gladstone LNG is a major milestone for our activity in Australia, marking the beginning of the group's LNG production in the country," said Arnaud Breuillac, president of exploration and production at Total.
"As the group's sixth start-up of the year, the project will also contribute to our production growth in 2015," he continued. "We are continuing to develop LNG assets in Australia with the Ichthys project, expected to start up in 2017."
Located in Queensland, Australia, the project comprises the development of several onshore coal-bed methane fields in the Surat and Bowen basins, a 420-kilometer gas transmission pipeline and a two-train liquefaction plant on Curtis Island, near Gladstone.
Total holds a 27.5% stake in the Gladstone LNG project, alongside partners Santos (30%), Petronas (27.5%) and KOGAS (15%). Santos operates the upstream activities and facilities of the project, comprising the wells, pipelines and compression hubs, whilst the gas transmission pipeline and the plant are operated by GLNG Operations, a company jointly owned by the Gladstone LNG partners.
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