The australia pacific lng project comprises the development of australia pacific lngs coal seam gas fields, the construction of a gas transmission pipeline and the construction of an lng facility and associated port infrastructure near gladstone, queensland, for export to international markets. Australia pacific lng infrastructure development partnership. The australia pacific lng project is proposed by australia pacific lng pty limited aplng. Australia pacific lng pty limited australia pacific lng project commissioning and startup environmental management plan 30100100752 00enrep0335 apln000enr01d25659 rev 2 18dec2014 page 1 1. First lng shipment delivered to sinopec first lng shipment delivered to the kansai electric power company. Australia pacific lng and sinopec sign binding agreements. The 30year australia pacific lng project the project being assessed in this environmental impact statement eis includes the following three project elements. A reference to australia pacific lng or aplng is a reference to australia pacific lng pty limited, an incorporated joint venture in which origin currently holds a 50% interest, which will reduce to 42. Australia pacific lng proposes to develop a world class coal seam gas csg to liquefied natural gas lng project in queensland. Project australia pacific lng project ramsar convention on wetlands of international importance the ramsar convention was signed in ramsar, iran on 2 february 1971.
Source project finance international pfi, global finance, euromoney, ijglobal asiapaci. Australia pacific lng project eis page 1 march 2010 15. The credits are added up and the league tables are produced. Find out more about the process of producing natural gas for use as a key fuel source. More broadly, australia has committed to expanding the current funding of its export finance and insurance corporation alongside similar u. The australia pacific liquefied natural gas lng plant, run by conocophillips, confirmed on monday that production had begun in the second of its two units. Australias lng projects face major delays, benefiting u. The department of infrastructure and planning dip managed the impact assessment process for this project on behalf of the coordinatorgeneral in accordance with the sdpwo act. First lng shipment exported from australia pacific lng facility on curtis island second production train commenced production australia pacific lng satisfied project finance test for train 1.
The chevronled kitimat lng project, which includes the 471km pacific trail pipeline ptp, was widely expected to be the next canadian project to be sanctioned. The common practice of dialogue, grievance procedures, and informed consultation was important but insufficient, given the unprecedented size, scale, and complexity of the projects. Meth ane, theprincipal constituent, is 600 times denser in liquid form than as a gas at room temperature, and this reduction in volume permits. Australia pacific lng is developing a project which will contribute to the creation of a world scale, longterm industry in queensland, utilising australia pacific lngs substantial coal seam gas csg resources. The sustainable growth of our operations relies on a continued focus on health, safety and environmental best practice. The ramsar convention aims to halt the worldwide loss of wetlands and to conserve, through wise use and management, those that remain. This will be the largest industrialdevelopment project in pngs history it. For the 35,000 residents of gladstone, australia, the effect of creating three massive lng plants on curtis island was transformative to their local economy.
The transaction is the secondlargest project financing in the united states and was honored with numerous accolades, including deal of the year. Australia pacific lng has today satisfied all of the tests set forth in its project financing completion agreements relating to the first of two processing trains at its lng facility on curtis island. Media release australia pacific lng satisfies project. This financing provided funding for the lng facility component of the australia pacific lng project. Construction and decommissioning of the gas pipeline will result in the generation of fugitive, wheel generated and general construction dust and exhaust emissions. This chapter describes the design, construction, operational and decommissioning phases involved in. Seattle office 1414 ne 42nd street, suite 300 seattle, wa 98105 tel. Australia pacific lng project eis page 1 march 2010 12.
Australia pacific lng project eis page 4 march 2010 1. Australia pacific lng is developing a project which will contribute to the creation of a world scale, longterm industry in queensland, utilising australia pacific lng s substantial coal seam gas csg resources. Australia pacific lng project finance tests complete. Australia pacific lng satisfies project finance tests for train 1. Media release australia pacific lng satisfies all project finance tests. Australia usd16bn bookrunner and mandated lead arranger asiapaci.
In july 2017, australia pacific lng completed the 90day operational phase of the twotrain project finance lenders test, producing more than 10. Australia pacific lng queensland, australia project overview. Approval seemed especially likely after the californiabased major and australias woodside petroleum, its 5050 partner, filed an application on april 2019 to increase the project. Australia pacific lng is a joint venture between conocophillips 37. This will generate jobs and further investment in queensland. Australia pacific lng project eis page ii march 2010 disclaimer this report has been prepared on behalf of and for the exclusive use of australia pacific lng pty limited, and is subject to and issued in accordance with the agreement between australia pacific lng pty limited and worleyparsons. Source project finance international pfi, global finance, euromoney, ijglobal asiapacifics deal of the year ichthys lng pty ltd. Jun, 2018 first lng shipment exported from australia pacific lng facility on curtis island second production train commenced production australia pacific lng satisfied project finance test for train 1. Ichthys lng financing structure project finance key transaction terms borrower ichthys lng financing type project finance facility type syndicated amortising term loan facility with guarantees provided for some tranches final deal size total financing package. Media release australia pacific lng satisfies project finance. On some deals, an individual banks submitted figure might be lower in the published version of the league table or it might increase.
A risk assessment in accordance with australianew zealand standard asnzs 2885 gas and. The wheatstone platform is the largest offshore gasprocessing platform ever installed in australia, with a topside weight of about 37,000 metric tons, and the largest floatover. Liquefied natural gas lng plant near laird point on curtis island. The chevronled wheatstone project, as australias first lng hub concept, is an example of whats possible. Mar 17, 2020 the chevronled kitimat lng project, which includes the 471km pacific trail pipeline ptp, was widely expected to be the next canadian project to be sanctioned. Air emissions generated during the operational phase of the project are expected to be minimal. Were the largest producer of natural gas in eastern australia and a major exporter of liquefied natural gas to asia.
Curtis island liquefied natural gas queensland bechtel. Oct 02, 2018 commissioned in 1989, the fivetrain nws project is australia s oldest lng facility and, with initial capex costs long paid off, one of the most competitive around. Some of australia pacific lng csg reserves and resources are subject to reversionary rights to transfer back to tri star a 45% interest in australia pacific lngs share of those csg interests that were acquired from tri star in 2002 if certain conditions are met. Australia pacific lng pty limited australia pacific lng proposes to develop a project which enables the creation of a world scale, longterm industry in queensland, utilising australia pacific lng s substantial coal seam gas resources in queensland. Introduction the aplng project is currently preparing an eis submission in accordance with terms of reference issued by the coordinator generals department. Australias gorgon project, one of the largest liquefied natural gas lng projects in the world, shipped its first cargo last week to japan. It has been developed in accordance with the terms of reference issued for the project and aims to meet the requirements for em plans as specified in section 310d of the environmental protection act 1994 ep act. Media release australia pacific lng satisfies all project. Australia pacific lng project gas fields in the surat basin in southern central queensland. Canadian lng projects approved canadian lng export projects listed in order of neb filing status project planned capacity mtpa proposed start date neb approval kitimat lng 10 2017 approved bc lng export cooperative douglas channel 1. This includes the development of the walloons gas fields, the construction of a high pressure gas transmission pipeline the gas pipeline from the gas fields to. Australia pacific lng is the largest producer of natural gas sourced from coal seams in eastern australia, supplying australian. Australias gorgon, one of the worlds largest lng terminals. Asxmedia release australia pacific lng satisfies train 1.
Media release australia pacific lng satisfies project finance tests. Australias plans for a huge increase in its production of liquefied natural gas are being dealt a big blow by a series of production delays, as energy companies struggle with technical problems. Jan 26, 2017 australias plans for a huge increase in its production of liquefied natural gas are being dealt a big blow by a series of production delays, as energy companies struggle with technical problems. Going forward, origins contributions to aplng will comprise its share of capital expenditure net of. Project structure, cost, and financing the only present way to transport natural gas across ocean distances is to ship it as a liquid at 260of in specially. Australia pacific lng second unit starts producing reuters. The joint venture arrangement sees origin responsible for the construction and management of the gas fields and associated infrastructure, and. Project planned capacity mtpa proposed start date neb approval kitimat lng 10 2017 approved bc lng export cooperative douglas channel 1. Australia pacific lng project eis page 1 march 2010 22. Australia pacific lng project terms of reference for an. Jun 08, 2012 underpin the development of australia pacific lngs csg to lng project. Australia pacific lng project eis page 1 march 2010 5.
Located on barrow island off the coast of northwestern australia, the project includes a domestic natural gas plant, a carbon dioxide injection project, and an lng export facility. Land geology, geomorphology, soil and land contamination 5. The facility is subject to a final investment decision fid being taken on the second phase of the australia pacific lng project. Australia energy cooperation in the indopacific the. Origin energy hit by aplng revenue decline thursday, 30 april 2020 10. The appropriate management of associated water is critical to the gas fields. The png lng project aims to exploit gas resources of the png southern highlands and sell the resulting lng liquified natural gas on the open market, particularly to asia. Woodside believes the tieback option makes the best economic sense for browse and the nws participants since it will enable them to earn tolling fees while ensuring gas can be. Temporary free access to in order to avoid any service disruptions due to the covid19 outbreak and ensure you are able to stay up to date with pfis coverage of the global project finance markets, refinitiv is providing free access to our online platform for all pfi magazine subscribers over the next two months. Richard gordon is recognised in chambers asiapacific 2014 as a leading lawyer in project and acquisition finance.
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