29th Dec 2014 07:00
News Release |
29 December 2014
BG Group loads first LNG cargo from QCLNG project in Australia
The world's first coal-seam-gas to LNG facility starts up
BG Group (LSE: BG.L), a world leader in exploration and LNG, today announced that it has been loading the first cargo of LNG from its Queensland Curtis LNG (QCLNG) facility since 28 December. The vessel being loaded is the Methane Rita Andrea. The second cargo of LNG from the facility will be loaded onto the Methane Mickie Harper which is expected in Gladstone in the first week of January.
QCLNG is the world's first LNG project to be supplied by coal seam gas. The start of production from the plant's first LNG train is the result of more than four years of development and construction on Curtis Island.
Andrew Gould, interim Executive Chairman commented:
"This is an immense achievement which demonstrates the company's ability to deliver a highly complex LNG project. The start-up of QCLNG is testament to the hard work, skill and dedication of all our employees, partners and customers including the thousands of individuals who have been involved in physically building the plant. The ongoing support from both the State Government of Queensland and the local councils of our upstream region and in Gladstone has also been pivotal in this development. We thank them all."
The project will expand further with the start-up of the second train in the third quarter of 2015. At plateau production, expected during 2016, QCLNG will have an output of around 8 million tonnes of LNG a year.
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Notes to Editors:
QCLNG key facts
For more information on the project, visit www.qgc.com.au
BG Group's Australian business, QGC Pty Limited, is the operator of the QCLNG project. BG Group holds around 74% equity interest in the upstream resource and related infrastructure; and 100% of the project's common facilities on Curtis Island (including LNG storage tanks and jetty). The Group recently agreed to sell its 100% equity interest in the 540 kilometre pipeline to APA Group for US$5 billion.
BG Group plc (LSE: BG.L) is a world leader in natural gas, with a broad portfolio of business interests focused on exploration and production and liquefied natural gas. Active in more than 20 countries on five continents, BG Group combines a deep understanding of gas markets with a proven track record in finding and commercialising reserves.
For further information visit: www.bg-group.com
There are matters set out within this announcement that are forward-looking statements. Such statements are only predictions, and actual events or results may differ materially. For a discussion of important factors which could cause actual results to differ from these forward-looking statements, refer toBG Group's Annual Report and Accounts for the year ended 31 December 2013. BG Group does not undertake any obligation to update publicly, or revise, forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.
Contact:
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