BG Group PLC has loaded its first cargo of LNG from the second train of the Queensland Curtis coal seam gas-LNG (QCLNG) plant. The LNG was loaded onto the Maran Gas Posidonia LNG carrier.
BG says that when plateau production is reached next year, the QCLNG plant’s two trains will be producing sufficient LNG to load a total of 10 vessels/month, with exports expected to reach 8 million tonnes/year.
Train 1 came on stream in December 2014 and since that time 27 cargoes have left the Curtis island terminal (OGJ Online, Dec. 29, 2014).
Train 1 is mostly selling to China under contract with CNOOC Ltd. Train 2 will supplement BG’s worldwide portfolio of LNG supplies with a large proportion expected to be sold into the spot market.
Assuming the recently announced $90-billion merger with Royal Dutch Shell PLC passes all the necessary regulatory hurdles, Shell will take ownership of the Curtis island facilities in 2016 (OGJ Online, Apr. 8, 2015). The Australian Competition and Consumer Commission is expected to announce its decision on the Shell-BG merger on Sept. 3.