#Queensland #LNG boosted by #CSG

EPMag reported that three projects have been started by Queensland Curtis LNG (BG Group and Queensland Gas Co. Ltd.), Gladstone LNG (Santos and Petronas) and Australia Pacific LNG (ConocoPhillips, Origin Energy and Sinopec) to take advantage of the CSG fields in the Surat Basin.

“The feedstock will be from coal-seam gas (CSG) fields in the Surat Basin, which will be transported by 500-km pipelines to liquefaction plants in Gladstone,” said Chris Rodwell, Queensland trade and investment commissioner for the Americas.  “We’re looking to exceed $17 billion in exports when these three plants are operating.”

James Fahey, partner, Malleson Stephen Jaques, pointed out that these were the world’s first CSG-LNG projects.  “The drivers for CSG projects are the maturity of conventional gas fields in Australia combined with demand in Asia for export LNG and increasing domestic demand.  This didn’t exist five years ago.”

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The CSG industry players will be meeting at the heart of the Australian CSG at Coal Seam Methane World Australia. If you provide solutions to the industry, download a partnership prospectus or get in touch on camilla.kamsvaag@terrapinn.com