Santos has confirmed that $2.45 billion of the GLNG Project’s upstream capital expenditure will be brought forward from the post-2015 period, which has resulted in a revised estimated capital cost of $18.1 billion to the end of 2015.
Santos commenced construction of the two-train 7.8 MMt/a LNG facility at Curtis Island, Queensland, following the official project sanction on 13 January 2011.
Article continues below…
The project includes a 435 km, 910 mm diameter gas transmission pipeline linking a compression station at Santos’ Fairview and Roma CSG fields in the Surat Basin to the liquefaction plant.
Want to read more on this story? Click here to sign up for a free PPO News and Projects trial.
Image caption: An artist’s impression of the GLNG Project.