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QCLNG Project Update Newsletter Edition 1 June 2102 - QGC

QCLNG Project Update Newsletter Edition 1 June 2102 - QGC

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<strong>QCLNG</strong> PROJECT<br />

Key facts<br />

Queensland Curtis LNG involves dozens<br />

of communities, hundreds of businesses<br />

and thousands of people drawn from<br />

throughout the state, the rest of Australia<br />

and internationally.<br />

Our plans for this major, integrated<br />

project, involve:<br />

• Expansion of <strong>QGC</strong>’s exploration and<br />

gas production in the Surat Basin.<br />

• A 540 km buried natural gas pipeline<br />

network linking the gas fi elds<br />

to Gladstone.<br />

• Two processing units, known as LNG<br />

MAP<br />

trains, at Curtis Island. These trains,<br />

which have a design life of at least<br />

20 years, will produce a combined 8.5<br />

million tonnes of LNG a year.<br />

• The site can accommodate an<br />

expansion to 12 million tonnes of<br />

LNG a year, subject to demand.Construction<br />

began late in 2010, with<br />

fi rst LNG expected in 2014.<br />

• The LNG plant will occupy less<br />

than 1% of Curtis Island and will be<br />

separated from public areas by an<br />

environmental protection zone.<br />

• <strong>QGC</strong>’s existing operations produce<br />

about 20% of Queensland’s domestic<br />

gas demand.<br />

<strong>QCLNG</strong> is underpinned by BG Group global<br />

LNG sales agreements for almost 10 million<br />

tonnes a year with the China National<br />

Offshore Oil Corporation (CNOOC); Tokyo<br />

Gas; GNL Chile; Chubu Electric and the<br />

Energy Market Authority of Singapore.<br />

In addition CNOOC has acquired 5% of<br />

certain <strong>QGC</strong> tenements and 10% of one of<br />

the first two LNG trains and Tokyo Gas has<br />

acquired 1.25% of certain <strong>QGC</strong> tenements<br />

and 2.5% of <strong>QCLNG</strong> Train 2.<br />

Page 4

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