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  • GLNG signs gas purchase agreement with AGL
    édité le 24/12/2015 - Plus de news de "Santos" - Voir la fiche entreprise de "Santos"


GLNG signs gas purchase agreement with AGL
Santos announced that the GLNG (Gladstone LNG) project participants have executed an agreement with AGL Energy Limited (AGL) for the purchase of 254 petajoules of gas for supply to the GLNG project.

The gas will be delivered at Wallumbilla over a period of 11 years commencing in January 2017, with pricing based on an oil-linked formula. The gas will be sourced from coal seam gas fields in Queensland.

Vice President Downstream GLNG Rod Duke said the agreement with AGL adds to GLNG’s diverse gas supply portfolio, comprising supply from GLNG’s own coal seam gas fields, Santos portfolio gas, underground storage and third party supply.

“When combined with GLNG’s quality LNG off-take contracts with project partners PETRONAS and KOGAS, this supply portfolio delivers significant value to the project.”

“Since our first LNG cargo in October, ramp-up of LNG train 1 has progressed well with the train having already produced well above nameplate capacity. Six LNG cargoes have already been shipped to our customers.”

“Commissioning work on GLNG’s second LNG train has commenced with a number of its subsystems now operational, and we are on track for first LNG from train 2 in the second quarter of 2016,” Mr Duke said.

Santos has a 30% interest in GLNG. The other participants are PETRONAS (27.5%), Total (27.5%) and KOGAS (15%)

About Santos GNLG

Santos GLNG has three major gas processing hubs – two in the Fairview field about two hours’ drive north of Roma, and one about 30 minutes’ drive north-east of Roma.

Natural gas and water from surrounding coal seams is piped to the three hubs via gathering networks.

The water is removed and re-used, and the gas is compressed and sent on to the pipeline compressor station where it is fed into the 420-kilometre gas transmission pipeline to Curtis Island, near Gladstone

About Santos

An Australian energy pioneer since 1954, Santos is a leading oil and gas producer,supplying Australian and Asian customers.
With over 3,000 employees across Australia and Asia, Santos’ foundations are based on safe, sustainable operations and working in partnership with host communities, governments, business partners and shareholders.

About AGL

AGL is one of Australia's leading integrated energy companies and largest ASX listed owner, operator and developer of renewable energy generation in the country.


Origine : Communiqué Santos

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