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Promises made as GLNG hits 75% completion

WHILE touring Santos' Gladstone LNG facilities as part of the project's 75% completion celebratio...

Blair Price

According to Associated Press, Campbell plans to fly out to the US in coming weeks to “encourage more investment”.

“We want to see a lot more projects like this, there is a lot more gas in Queensland,” he reportedly said.

“It is making this state a powerhouse.

“There is a dollar in this project for all Queenslanders, the royalties from these projects will be powering Queensland for many decades, we will see schools, hospitals, roads and community infrastructure built on the back of these projects."

Newman told the ABC that jobs would come from other resource industry sectors once construction of the state’s LNG projects wound down.

He flagged construction job growth in the undeveloped Galilee coal basin, home to various ambitious thermal coal projects but also claimed that “new gas projects” would also create jobs.

“This government will do everything we can to see gas exploitation and development continue in Queensland,” Newman reportedly said.

"There are other gas fields, there are other opportunities."

Meanwhile, Santos confirmed that its first LNG shipment from the 75%-complete GLNG project was on track for next year.

The project’s 4.3km pipeline from the mainland and under Gladstone Harbour recently broke through to Curtis Island after 10 months of tunnelling, with the job expected to be complete in the next few months.

Santos revealed that the final three of the 82 modules used to form the first LNG train of the 7.8 million tonne per annum project were being completed, while the 29 modules required for the second train were under construction.

Construction of the Fairview field gas processing hub was also on track while the gas transmission pipeline progress will allow first commissioning gas to be piped to Curtis Island around mid-year.

“We’re delighted to host the premier to mark 75% completion of this truly world-class project and thank him for his strong support in making this state a world-leading gas producer,” Santos CEO David Knox said yesterday.

“As an Australian owned and operated company, we are very proud to be building this new industry for Queensland.

“We have had a home in this state for over 50 years and it represents a hugely important part of our future.

“To date, Santos GLNG has provided $5.1 billion worth of work to Queensland businesses and over the coming decades of operation Santos GLNG will contribute billions of dollars in royalty payments to the people of Queensland.”

Santos owns 30% of the GLNG joint venture, Petronas owns 27.5%, Total SA owns 27.5% and KOGAS owns 15%.

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