Total looking for more gas for GLNG project

Total looking for more gas for GLNG project

Total, a partner in $US18.5 billion Gladstone LNG project, said it is looking for more gas for the project, but the prices are too high.

Total’s head of upstream oil and gas, Yves-Louis Darricarrere told The Australian that there was a challenge with the gas resources at Gladstone LNG. “We need and we are ready to buy (more gas) but there is a price limit and it is not really economical (at the moment),” he said.

After acquiring some third party gas, the company is looking to develop or get more acreage prospective for gas in Queensland.

Total has 27.5% interest in the Gladstone LNG project that will have the capacity of 7.2 million metric tons per year.

LNG World News Staff, July 21, 2014; Image: Bechtel

Share this article

Follow LNG World News

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >