Santos Expects First LNG from GLNG Project Around September

Santos on Friday announced its GLNG project is approaching 95 percent complete and is expected to produce first LNG around September.

Previous guidance for first LNG was in the second half of this year.

“The progress at GLNG over the past year has been excellent.  This announcement highlights our confidence of delivering this transformational project on time and within the $18.5 billion budget,” Santos Managing Director and Chief Executive Officer David Knox said. “The delivery of GLNG will consolidate our strategic LNG portfolio and further position us as a key player in the growing Asian gas market.”

Last month, Santos GLNG said it had brought first gas into its LNG plant on Queensland’s Curtis Island.

Santos GLNG will produce natural gas from Queensland’s coal seams and convert it into LNG for sale to world markets.

 Santos, PETRONAS, Total and KOGAS are joint venture partners in the project.