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Bechtel Appointed Downstream FEED Contractor for GLNG

Posted on December 23, 2008

Santos and Petronas announced the appointment of Bechtel as the Front End Engineering Design (FEED) contractor for the downstream components of Gladstone LNG (GLNG). The GLNG project involves the construction of an initial nominal 3.5 million tonne per annum LNG liquefaction plant utilizing the ConocoPhillips Optimized Cascade Process on Curtis Island in Gladstone Harbor, with gas supply from the Santos/Petronas coal seam gas fields in South East Queensland, Australia.

The announcement follows a competitive six-month dual pre-FEED process. The FEED contract value is approximately US$40 million and covers FEED on the liquefaction plant and associated infrastructure on Curtis Island. FEED will formally commence early in the New Year. A final investment decision is expected in the first half of 2010. The project remains on schedule for first shipments of gas in 2014. Over the next year, as part of FEED, GLNG will be progressing the engineering design to ensure construction can commence as scheduled in 2010.

For more information: WWW.SANTOS.COM

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