Australia Pacific LNG is a joint venture project between ConocoPhillips (37.5%), Origin Energy (37.5%), and Sinopec (25%). The project is developing Australia’s largest position of coal seam gas resources, which have a life expectancy of up to 30 years.
This coal seam gas (CSG) to liquefied natural gas (LNG) project benefits from Origin’s 15 years and ConocoPhillips’ 25 years of CSG production experience. ConocoPhillips also has 40 years experience in operating and developing LNG facilities, and combined with Sinopec’s experience in natural gas production, transportation and trade make a powerful combination for the continued success of the project.
The project involves the development of Australia Pacific LNG’s coal seam gas resources in the Surat and Bowen basins in central south west Queensland, a 520 kilometre transmission pipeline, and a multi-train LNG facility on Curtis Island, near Gladstone, Queensland. ConocoPhillips is responsible for the construction and operation of the Curtis Island facility in Gladstone.
The Australia Pacific LNG project will become a supplier of low emissions fuel to growing international energy markets, and provide cleaner energy to domestic users.
In July 2011, the joint venturers made the Final Investment Decision (FID) to proceed with the project. LNG exports are scheduled to start in 2015 under a sales agreement with Sinopec for 4.3 million tonnes per annum (mtpa).
This was followed by the signing of a binding agreement with Kansai Electric in November 2011, for the sale and purchase of approximately 1.0 mtpa of LNG for 20 years from 2016.
In July 2012, Australia Pacific LNG approved the development of a second 4.5mtpa train. This added production was supported by Sinopec’s decision to increase its purchase commitment from Australia Pacific LNG from an initial 4.3mtpa to 7.6mtpa of LNG, and represents the largest LNG supply agreement in Australian history.
The Australia Pacific LNG project offers many employment opportunities with ConocoPhillips.
Visit the Australia Pacific LNG website.