BG starts commercial operations from second train at Queensland Curtis

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Sharecast News | 25 Nov, 2015

Updated : 08:41

BG Group has begun commercial operations from the second train at its Queensland Curtis liquefied natural gas plant (QCLNG).

The company said it now has full control of both LNG trains and associated facilities at QCLNG.

It expects the integrated project to reach plateau production by mid-2016, producing enough LNG to load around ten vessels per month combined, which is equivalent to exporting around 8m tonnes a year. Since starting production in December 2014, 71 cargoes have been shipped.

The partners in Train 2 are BG Group, which has a 97.5% interest, and Tokyo Gas.

Chief executive Helge Lund said: "With both trains now fully operational, QCLNG adds significant volumes and flexibility to our LNG shipping and marketing portfolio."

At 0820 GMT, BG shares were up 0.8% to 1,010.50p.

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