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Australia Pacific LNG inks new domestic gas deals

Australia Pacific LNG

Australia Pacific LNG, the operator of the 9 mtpa LNG export facility on Curtis Island near Gladstone, has signed new domestic gas sale agreements.

According to a statement by APLNG issued on Wednesday, the customers include Mount Isa Mines, CleanCo Queensland, and Adbri Cement.

Under the deals, APLNG will supply an additional 5.85 PJ of natural gas in CY25, it said.

CEO Dan Clark, who took over the role in April this year, said these sale agreements “increase our current domestic gas commitment next year to 126 PJs and continue to demonstrate Australia Pacific LNG’s track record supplying the east coast gas market.”

APLNG is on track to contribute 160 PJs to the domestic market, about 32 percent of the east coast market in 2024, it said.

Since production started in 2010, APLNG has produced over 6,400 PJs of natural gas with 2300 PJs provided to the domestic market, it said.

In April this year, APLNG shipped its 1000th LNG cargo since it started operations in 2016.

The LNG terminal operator said in a statement issued on April 17 that the milestone LNG cargo was loaded onboard the 2016-built 174,000-cbm, Cesi Gladstone.

APLNG is a joint venture between US-based ConocoPhillips (47.5 percent), Australia’s Origin Energy (27.5 percent), and China’s Sinopec (25 percent).

Origin operates APLNG’s gas fields, upstream exploration, production and pipeline system, while ConocoPhillips operates the downstream LNG export facility and the LNG export sales business.

There are two 20-year LNG export offtake agreements in place. One is for 7.6 mtpa to JV partner Sinopec, and the other is for 1 mtpa to Japan’s Kansai Electric.

Source: Lngprime.com

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