Gladstone MP Glenn Butcher said the Gladstone community was proud of playing such a central role in Queensland's economic growth. 2 energy company, could face more than $1 billion in additional costs to drill enough wells to bring its $18.5 billion Gladstone liquefied natural gas (LNG) export plant up to full capacity. IEEFA expects some liquefaction trains at Gladstone to cease production altogether over the next two years. Investors are nervous about potential delays and hiccups at Gladstone LNG (GLNG) as […]

PERTH, June 28 (Reuters) - Santos hiked the cost of its Gladstone LNG project on Thursday by over 15 percent to $18.5 billion, saying it needs to …
The project involves ongoing gas field development in the Surat and Bowen Basins, a 420-kilometre gas transmission pipeline and LNG plant on Curtis Island, near Gladstone.

Santos GLNG is led by Australian company Santos in partnership with PETRONAS, Total and KOGAS. 15 km north west of Gladstone, in the Gladstone State Development Area. There are three LNG export projects on Curtis Island, near Gladstone, Queensland: Australia Pacific LNG (APLNG), Queensland Curtis LNG (QCLNG) and Gladstone LNG (GLNG). "The delivery of GLNG's project along with Queensland Curtis LNG and Australia Pacific LNG paves the way for Queensland to become a key player in the burgeoning Asian gas markets," he said. The LNG industry in Eastern Australia is fundamentally weak because its elements were
The project The two-phased project took off for construction in 2012.

The Project The Project is predicted to cost approximately A$7 billion and to generate at the peak of the four year construction period approximately 3000 jobs and sustain over 200 jobs during operation.

PERTH, June 28 (Reuters) - Santos hiked the cost of its Gladstone LNG project on Thursday by over 15 percent to $18.5 billion, saying it needs to drill 300 more wells to …

Australia’s Santos Ltd said on Wednesday it is on track to produce first liquefied natural gas from its $18.5 billion Gladstone LNG project in the second half of calendar 2015, looking to reassure doubters who fear it may face cost overruns.

Story continues below advertisement Other LNG ventures that plan to build at Gladstone include a partnership between Petronas and Santos, and BG Group, which plans a stand-alone project. LNG-project breakeven prices must cover not only capital expenditure but also operating and shipping costs. The project consists of the following components: Australia's Santos said Thursday that the cost of its Gladstone liquefied natural gas (GLNG) project will increase by 16-percent to $18.5 billion and that it … Australian oil and gas producer Santos Ltd said on Tuesday costs for its proposed Gladstone liquefied natural gas (LNG) project in Queensland state were expected to …

* Gladstone LNG sustaining capex uncertain PERTH, Dec 4 (Reuters) - Santos Ltd, Australia's No.