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Australia’s Santos plans $6Bln LNG project for coal-seam gas

Written by 
Tuesday, 31 July 2007 14:39
Asia-Pacific Editor

Santos, the Australian energy company, said it aimed to spend $6 billion to build a liquefied natural gas plant using coal-seam gas and to export the LNG to foreign markets.

Santos said the proposed single-Train plant would be located near the port of Gladstone in the state of Queensland. The world's first large-scale LNG facility to use processed coal-seam gas would have a capacity of 3-4 million tonnes per annum.

The Australian company is already involved in major LNG projects, being a stakeholder in the ConocoPhillips-operated Darwin LNG venture in Australia and a proposed LNG project in Papua New Guinea with ExxonMobil Corp.
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