Minister for Resources and Energy, Martin Ferguson, left, BG Group managing director Catherine Tanna, and federal Treasurer Wayne Swan yesterday Source: The Australian
BRITISH gas giant BG Group has taken the lead in the race to establish the world's first coal seam gas to LNG project.
This follows it signing-off yesterday on its $US15 billion ($15.24bn) Queensland project.
BG Group's Australian subsidiary, QGC, announced it was pushing ahead with the first phase of its Curtis LNG project, which includes the development of a two-train liquefaction plant on Curtis Island near Gladstone, together with the associated upstream and pipeline facilities.
QGC managing director Catherine Tanna, who announced the go-ahead in Brisbane yesterday with Treasurer Wayne Swan and Resources Minister Martin Ferguson, said it was BG's single biggest investment.
"Over the next four years, we will build the world's first liquefied natural gas plant to use coal seam gas (CSG) as a feedstock," she said.
The Australian
Editor's Note: A photo of and a story about three very ignorant people standing around a model tanker
No comments:
Post a Comment