QCLNG declared operational, APA deal approved
PERTH (miningweekly.com) – Natural gas major BG Group has taken operational control of Train 1 of the Queensland Curtis liquefied natural gas (QCLNG) project, after the project reached commercial completion.
The transfer of operational control of Train 1 marked the start of commercial operations at QCLNG, and followed just days after the project was officially launched. The QCLNG project produced its first LNG in December of last year, and to date, some 16 LNG cargoes have been shipped.
Train 2 was currently under construction, and was expected to start operations in the third quarter of 2015.
Once in operation, Train 2 would double the QCLNG production to eight-million tonnes a year.
Meanwhile, BG Group this week reported that it had received approval from its Train 1 equity partner China National Offshore Oil Company (CNOOC) to sell the QCLNG gas pipeline to ASX-listed APA Group.
In December last year, BG Group agreed to sell its 100% equity interest in QCLNG pipeline to APA Group in a deal valued at $5-billion.
Following the CNOOC approval, the preconditions for the sales agreement have now been satisfied in full, and BG Group noted that the sale of the pipeline remained on track for completion during the second quarter of this year.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation