Santos GLNG Project 72 Pct Complete, Australia

LNG player Santos of Australia said in a project update on Wednesday that the company’s GLNG  project is 72 percent complete and on track for first LNG in 2015.

According to Santos, 224 wells have been drilled in the GLNG acreage year-to-date and the company is on track to drill over 230 wells in the GLNG acreage in 2013.

Over half of the Train 1 modules have been shipped from the module yard to Curtis Island, where the LNG plant is located. Eight of these modules are complete and ready for shipping, while 27 modules are under construction.

Santos also said that the PNG LNG project, where the company has a 13,5 percent stake is over 90% complete and on track for first LNG in 2H 2014.

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LNG World News Staff, December 4, 2013; Image: Santos