BG Group Starts Output From 2nd LNG Train in Queensland

By Alex MacDonald

LONDON--Oil and gas major BG Group PLC (BG.LN) said Wednesday it has begun the commercial operation of the second liquefaction and purification facility at its natural gas project in Queensland, Australia.

As a result, BG now has full control of both liquefaction facilities, or LNG trains, at the Queensland Curtis LNG project. The project is forecast to be able to produce enough LNG to load around ten ships a month or around eight million tons of LNG a year by mid-2016.

Since starting production in December 2014, 71 cargoes have been shipped from the project.

The partners in Train 2, as the second liquefaction facility is called, are BG, with a 97.5% stake and Tokyo Gas with a 2.5% stake. Tokyo Gas is also a key customer of gas produced from the project.

BG Group is currently being taken over by Anglo-Dutch oil major Royal Dutch Shell PLC (RDSB.LN). Last week Australia's antitrust regulator said it wouldn't stand in the way of Shell's takeover, brushing aside its earlier concerns that the tie-up could reduce the supply of natural gas along the country's heavily populated east coast.

-Write to Alex MacDonald at [e-mail]

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November 25, 2015 04:05 ET (09:05 GMT)

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