Business

GLNG partner hunts for more gas for Curtis plant

A PARTNER in the GLNG project on Curtis Island says the project needs more gas but prices are too high, as it tries to find more coal seam gas resources.

The Australian reports that the comments by France's Total, a GLNG partner, appear to contradict speculation that the Santos-led GLNG project was close to a deal with the Arrow joint venture between Shell and PetroChina.

The comments were made by Total's head of upstream oil and gas, Yves-Louis Darricarrere, and follow comments made last week by Shell chief Ben van Beurden that Arrow remained in talks with all three of Gladstone's LNG export proponents.

Speaking to The Australian in Sydney last week, Mr Darricarrere said there was a challenge with the gas resources at GLNG.

While most analysts say GLNG will need more third-party gas, operator Santos does not concede this is the case.

Read the full story here.

Topics:  curtis island, gas, glng, lng, resources, santos




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