Video: Maiden LNG Cargo Leaves Gladstone

The first cargo of liquefied natural gas from the AUD 18.5 billion GLNG project on Curtis Island, Australia, was loaded from the Santos GLNG facility onto the Malaysian-owned LNG ship Seri Bakti, and is on its way to South Korea, according to Santos, the operator of the Santos GLNG.

Santos Managing Director and Chief Executive Officer David Knox said that the first shipment was the culmination of a historic journey for Santos.

“Successfully delivering our first operated LNG project is a testament to our dedicated employees and contractors, the support we have received from governments, local communities, our customers and shareholders, as well as the strong relationships we enjoy with our joint venture partners,” Knox said.

“The first cargo from GLNG strengthens our position as a major and competitive LNG supplier to Asia. GLNG is a robust project and will generate strong cash flows for the business for decades to come.”

GLNG produces natural gas from Queensland’s coal seams and converts it into LNG. It involves gas field development in the Surat and Bowen Basins, a 420-kilometre gas transmission pipeline and a two-train LNG plant on Curtis Island, near Gladstone which will have the capacity to produce 7.8 million tonnes of LNG per year when fully operational.

Santos is the operator and has a 30% interest in the project. Other co-venturers include Petronas of Malaysia (27.5%), Total of France (27.5%) and Kogas of South Korea (15%).

The Santos GLNG facility is one of three LNG plants being built on Curtis Island, Australia, alongside Queensland Curtis LNG (BG Group) and Australia Pacific LNG (ConocoPhillips).

Once complete, the three LNG facilities comprising of six Trains will have a combined capacity to produce about 25 million tonnes of LNG per annum.