APLNG Delivers First LNG Cargo to Kansai Electric

Australia Pacific LNG, the largest natural gas producer in eastern Australia, announced Thursday that the company has shipped its first cargo of liquefied natural gas (LNG) from Curtis Island to Kansai Electric Power Company.

The LNG Fukurokuju, specifically build to fulfil Kansai Electric’s contract with Australia Pacific LNG, left Curtis Island for Japan Wednesday. Under the sales and purchase agreement (SPA) signed in 2012, Kansai Electric will receive approximately 1 million tons of LNG each year for 20 years from APLNG.

“The departure of Kansai Electric’s first cargo under the SPA represents another significant milestone in Australia Pacific LNG’s history and highlights the strong partnership between our two companies ... This shipment to Kansai Electric marks the 27th shipment by Australia Pacific LNG since exports began. We have been pleased with our operations from Train 1 and we expect to deliver the first cargo from Train 2 by the end of calendar year (CY) 2016,” Australia Pacific LNG CEO, Page Maxson, said in the press release.

Australia Pacific LNG, established in October 2008, is a joint venture comprising Origin Energy (37.5 percent), ConocoPhillips (37.5 percent) and Sinopec (25 percent).



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