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Old 05-25-2016, 11:29 PM
Sparty Sparty is offline
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Default GLNG train 2 start-up adds to Santos' LNG portfolio

Santos today announced that GLNG train 2 has started producing liquefied natural gas (LNG) on Curtis Island, Queensland.

Today's announcement follows first LNG production from train 1 in September 2015 and GLNG's first LNG export cargo in October 2015.

Santos Managing Director and Chief Executive Officer Kevin Gallagher said first LNG from train 2 was another milestone for GLNG and marked the successful delivery of the two-train project, which has already produced over two million tonnes of LNG and shipped 32 cargoes.

"GLNG train 2 start-up adds to Santos? LNG portfolio, which also includes the Darwin LNG and PNG LNG projects," Mr Gallagher said.

Santos is the operator and has a 30% interest in GLNG. Other co-venturers are PETRONAS (27.5%), Total (27.5%) and KOGAS (15%).

I wonder if this will soak up more of East Coast's domestic supply and how robustly are the CSM fields producing?
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