China’s CNOOC to get milestone QCLNG cargo from Australia

A unit of China National Offshore Oil Company (CNOOC) is to receive a milestone cargo from the Shell-operated Queensland Curtis LNG export plant in Australia.

CNOOC’s gas and power unit said in a statement on Friday that the two-train 8.5 mtpa liquefaction plant on Curtis Island in Queensland has exported the 800th cargo since it started operations in May 2015.

The 173,400-cbm Barcelona Knutsen left the facility on April 5 and is on its way to deliver the shipment to CNOOC’s Ningbo LNG import facility in Zhejiang, according to the statement.

Besides Shell, CNOOC owns 50 percent equity in Train 1 and Japan’s Tokyo Gas has 2.5 percent equity in Train 2.

Last year, Shell sold a stake in QCLNG to a unit of Global Infrastructure Partners for about 2.5 billion.

Shell, via its unit QGC, owns 80 percent of the QCLNG common facilities that include storage tanks, jetties and operations infrastructure that service the plant’s two trains.

Besides this deal, Shell’s QGC business recently revealed plans for a new large drilling campaign as it looks to boost gas supply to its QCLNG export plant and the domestic market.

Between now and 2024, QGC, along with its JV partners CNOOC and Tokyo Gas, plans to progressively drill and connect about 145 new gas wells.

Most Popular

Chevron pens Western Australian gas supply deal with Alinta

Chevron’s Australian unit has signed a new long-term deal with Alinta Energy to deliver domestic natural gas from its Gorgon and Wheatstone LNG projects and the Woodside-led NWS JV.
spot_img

More News Like This

ARC Resources shareholders approve $16.4 billion acquisition by Shell

Canadian gas producer ARC Resources said that its shareholders have approved the previously announced acquisition by UK-based LNG giant Shell, valued at approximately $16.4 billion, including debt.

Shell, Focol take FID on Bahamas LNG terminal

UK-based LNG giant Shell and its partner Freeport Oil Company (Focol) have taken a final investment decision on a small-scale LNG regasification terminal in the Bahamas.

Shell expects ‘significantly higher’ LNG trading results in Q2

UK-based LNG giant Shell expects trading and optimization results for its integrated gas business in the second quarter of this year to be "significantly higher" compared to the previous quarter.

Shell, PV Gas seal LNG supply deal

Petrovietnam Gas, a unit of state-owned Petrovietnam, said it had signed a five-year deal to buy LNG from a unit of UK-based LNG giant Shell.