Gladstone LNG
Encyclopedia
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. The project was announced in July 2007.
and Bowen
basins in eastern Queensland, which surround the regional centres of Roma and Fairview. Gas will be piped then 435 kilometres (270.3 mi) to a gas liquefaction plant at Hamilton Point West on Curtis Island near Gladstone, Queensland
. There, coal seam gas will be converted into LNG.
The initial annual capacity of the LNG plant will be between 3 million and 4 million tonnes of LNG.
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
. 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.
with Malaysian gas company PETRONAS
, who has 40% in the project. Royal Dutch Shell
is expected to buy from Santos a 30–35% stake in the project.
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.
Liquefied natural gas
Liquefied natural gas or LNG is natural gas that has been converted temporarily to liquid form for ease of storage or transport....
(LNG) plant in Queensland, Australia. It is a leading project in the conversion of coal seam gas (coalbed methane
Coalbed methane
Coalbed methane or Coal Bed Methane, coalbed gas or coal mine methane is a form of natural gas extracted from coal beds. In recent decades it has become an important source of energy in United States, Canada, and other countries...
) into LNG. The project was announced in July 2007.
Technical features
The project involves the production of coal seam gas in the SuratSurat Basin
The Surat Basin is a part of the Great Artesian Basin of Australia. The Surat Basin extends across an area of 270,000 square kilometres and the southern third of the basin occupies a large part of northern New South Wales, the remainder is in Queensland. It comprises Jurassic through to Cretaceous...
and Bowen
Bowen Basin
The Bowen Basin contains the largest coal reserves in Australia. This major coal producing region contains one of the world's largest deposits of bituminous coal. The Basin contains much of the known Permian coal resources in Queensland including virtually all of the known mineable prime coking coal...
basins in eastern Queensland, which surround the regional centres of Roma and Fairview. Gas will be piped then 435 kilometres (270.3 mi) to a gas liquefaction plant at Hamilton Point West on Curtis Island near Gladstone, Queensland
Gladstone, Queensland
- Education :Gladstone has several primary schools, three high schools, and one university campus, Central Queensland University. It is also home to CQIT Gladstone Campus.- Recreation :...
. There, coal seam gas will be converted into LNG.
The initial annual capacity of the LNG plant will be between 3 million and 4 million tonnes of LNG.
The front-end engineering and design (FEED) phase of the project is underway. The FEED work is being carried out by Foster Wheeler
Foster Wheeler Corporation
Foster Wheeler is a global conglomerate incorporated in Switzerland and with its principal executive offices in New Jersey. It is focused on Engineering, Procurement, and Construction and on power...
and Bechtel
Bechtel
Bechtel Corporation is the largest engineering company in the United States, ranking as the 5th-largest privately owned company in the U.S...
. 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.
Partners
It is being developed by the Australian energy company Santos Ltd.Santos Ltd.
Santos Ltd. is a large Australian oil and gas exploration company. Its name is an acronym for South Australia Northern Territory Oil Search.-Operations:...
with Malaysian gas company PETRONAS
Petronas
PETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and...
, who has 40% in the project. Royal Dutch Shell
Royal Dutch Shell
Royal Dutch Shell plc , commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the fifth-largest company in the world according to a composite measure by Forbes magazine and one of the six...
is expected to buy from Santos a 30–35% stake in the project.
The Brisbane office of Australian law firm Freehills
Freehills
Freehills is a commercial law firm that operates in the Asia-Pacific region. In Australia it is considered one of the 'Big Six' law firms.-Offices:Freehills has offices in Sydney, Melbourne, Perth and Brisbane in Australia...
acted for Santos. Whilst the deal was being done, Brisbane was affected by Cyclone Yasi
Cyclone Yasi
Severe Tropical Cyclone Yasi was a tropical cyclone that made landfall in northern Queensland, Australia in the early hours of Thursday, 3 February 2011. Yasi originated from a tropical low near Fiji. The system intensified to a Category 3 cyclone at about 5pm AEST on 31 January 2011...
and subjected to flooding. Michael Back
Michael Back
Michael Back BA Hons LLB Hons Syd, is an Australian lawyer. He is a senior partner of Freehills and head of their Brisbane, Queensland office. He is an environmental and planning law specialist.-Early Life and Education:...
, Freehills managing partner, took the decision to relocate the legal team to Sydney to finish the work.