Ezion Scores LNG Contract in Australia

Ezion Holdings Limited announced that the Group has been awarded a second contract to provide full logistics and support services activities for the haulage of equipment and modules for the development of LNG facilities on Curtis Island, Queensland, Australia.

This LNG facility which is the second of the eight proposed in Queensland, Australia, has an initial capacity of 3 to 4 million tonnes per annum (Mtpa) and expected to increase production to 10 Mtpa.

The Queensland government has estimated that 50 Mtpa of LNG could be produced from the Surat and Bowen Basins in Queensland that could be piped to the coast for export.

The contract is the third major LNG related project that the Group has secured in Australia since 2009 and it is expected to commence in 1st Quarter of 2013.

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LNG World News Staff, May 9, 2012; Image: Ezion