ConocoPhillips reported the sanction of development of a second 4.5 million tonnes per annum (MTPA) production train for its Australia Pacific LNG coal seam gas (CSG) to liquefied natural gas (LNG) project in Queensland, Australia.
“This announcement marks another important milestone for the Australia Pacific LNG project and ConocoPhillips,” said Ryan Lance, chairman and chief executive officer. “Sanctioning of the second train is the final step in the approval process for the project. From this point we are committed to the development and construction of all infrastructure and facilities to ensure the first delivery of LNG in 2015.”
LNG exports from the second train are scheduled to commence in early 2016 under binding sales agreements to Sinopec Corp. and Kansai Electric Power Company (Kansai Electric).