Origin Energy, the owner of a 37.5 percent stake in the Australia Pacific LNG said on Thursday the project has officially transitioned to the operating phase.
The project, that has shipped its first cargo on January 9 has since then shipped additional five cargoes of liquefied natural gas, Origin said in a statement.
Australia Pacific LNG CEO, Page Maxson in an earlier statement said that the full production capacity of 9 million tons per year from the APLNG facility is expected to be reached in 2016.
Australia Pacific LNG is a joint venture between ConocoPhillips, the operator with a 37.5 percent stake, Origin 37.5 percent stake and Sinpec with a 25 percent stake.
Sinopec also has a 7.6 mtpa long-term contract with Australia Pacific LNG.
LNG World News Staff