Project Snapshot
Queensland Curtis LNG
Facility Type: LNG
Scope: New Construction
Owner: BG Group plc; Queensland Gas Co. Ltd. (QGC)
Location: Curtis Island, Queensland  Australia
Region: Australasia
Modified:  December 08, 2008


Project description

Through their Queensland Curtis LNG Project, Queensland Gas Co. Ltd. and BG Group plc plan to develop gas in the eastern Australian state for both domestic and international markets. The companies are pursuing the project as an alliance, with QGC providing its expertise in coal seam gas exploration and production and BG offering its experience with the operations, marketing, and shipping functions within the liquefied natural gas (LNG) sector.

The project calls for expanding QGC coal seam gas operations in the Surat Basin. QGC has an 80-percent stake in the gas fields while BG owns 20 percent. The alliance also envisions developing, building, and operating a 380-km main gas pipeline that would ship gas from the Surat Basin to the Gladstone, Queensland, area. The main line, along with a network of gas connection pipelines, would be able to ship enough gas to support three LNG trains. QGC and BG would own equal shares of the pipeline.

Once the gas arrives at an LNG processing plant and export facility near Gladstone, it would be liquefied using a refinement of the ConocoPhillips Optimized Cascade Process. Bechtel is performing the front-end engineering design (FEED) work for this technology, which cools and ultimately liquefies gas through three cycles of refrigeration. BG would operate the plant and own a 70-percent stake in it, with QGC holding the remaining 30 percent.

According to the alliance, a final investment decision on the project is slated for early 2010. Should the project go forward, the first shipment of LNG from the facility is anticipated in late 2013. The project would create approximately 3,600 construction jobs and more than 800 jobs during operations.

Note that BG had increased its ownership of QGC to approximately 97% of the issued share capital as of Dec. 5, 2008, and was in the process of acquiring the outstanding share capital it did not own.

  Key Stats
Major units:
pipeline; LNG processing plant and export terminal
Capacity:
initially 3-4M tonnes per year with one production train; possible expansion with two additional trains (3-4M t/y each) for total 12M t/y
Cost:
$8B
Contractors:
Bechtel Oil, Gas and Chemicals, Inc. (FEED)
  Related Articles
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Nov 26, 2013 - Jacobs Engineering Group has been awarded a contract from QGC, part of BG Group plc. QGC is one of the major proponents in the rapidly developing coal seam gas (CSG) to liquefied natural gas (LNG) industry in Australia.
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Arrow Issues Tender Invite for LNG Terminal FEED
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Mar 31, 2010 - BG Group has reached an agreement with Tokyo Gas for the supply of Liquefied Natural Gas from its Queensland Curtis LNG project.
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BG Ups Capacity for Queensland LNG Project
Feb 05, 2010 - BG Group PLC (BG.LN) said Friday that it will expand the planned capacity at its Curtis liquefied natural gas project in Queensland, Australia, to 8.5 million metric tons a year, from 7.4 million tons a year previously.
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Oct 28, 2008 - The Boards of BG Group plc and Queensland Gas Co. Ltd. (QGC) on Tuesday announced that they have agreed the terms of a recommended transaction under which BG Group will offer to acquire all the issued shares in QGC.
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Jul 15, 2008 - The Queensland Curtis LNG Project has secured Bechtel Oil, Gas and Chemicals, Inc. as the project contractor for its proposed LNG plant near Gladstone in Australia.
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