Bechtel Announces Delivery of The First LNG Cargo

The first cargo of the Liquified Natural Gas from the Santos GLNG project was successfully loaded onto the Malaysian-owned LNG Cargo vessel Seri Bakti.  The vessel is en route to South Korea.

Alasdair Cathcart, General Manager of Bechtel’s LNG business line, said, “Delivering a project the scale of GLNG alone is an extraordinary effort that instils a great level of achievement and pride within our team.  Successfully delivering the unprecedented scale of projects, side-by-side, simultaneously on Curtis Island, is a testament to the expertise of our team and the level of collaboration with our customers and suppliers.”

David Knox, Santos Managing Director and Chief Executive Officer, said, “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.  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.”

About the Project:

• The Santos GLNG facility is one of the three LNG plants being built on Curtis Island, Australia, alongside Queensland Curtis LNG (BG Group) and Australia Pacific LNG (ConocoPhillips).
• GLNG produces natural gas from Queensland’s coal seams and converts it into LNG.
• It involves:
  • a gas field development in Surat and Bowen Basins,
  • a 420-kilometre gas transmission pipeline,
  • two-train LNG plant on Curtis Island, near Gladstone.
• The venturers are:
  • Santos, the operator, has 30% interest in this project.
  • Petronas has 27.5%
  • Total of France has 27.5%
  • Kogas of South Korea has 15% interest.
• The three LNG facilities will have six trains which have a combined facility to produce 25 million tons of LNG per annum.
• Bechtel was hired to design and build a liquefied natural gas complex on Curtis Island, off the shore of Queensland, just north of the city of Gladstone.

Source: Bechtel

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