APLNG, APA Ink 20-Year Gas Transportation Agreement

Australia Pacific LNG Pty Ltd. announced Tuesday it has signed a 20-year Gas Transportation Agreement with APA Group which will see the latter build and operate a pipeline from the Australia Pacific LNG network directly to the Wallumbilla Gas Supply Hub in Queensland.

The 31 mile (50 kilometer) bi-directional pipeline, starting from Australia Pacific LNG’s Reedy Creek site, is the shortest distance between the facilities and the Hub, securing firm, direct access to the market.

"We are pleased to announce this long-term agreement with APA Group, a significant owner of east coast gas transportation infrastructure ... Australia Pacific LNG’s strong reserve position provides flexibility and, given Wallumbilla Hub’s position as a strategic point in the east coast gas market, this new pipeline will provide us the opportunity to participate flexibly and fully in Australia’s dynamic gas market,” Australia Pacific LNG CEO Page Maxson said in the press release.

Australia Pacific LNG, the largest producer of natural gas in eastern Australia, currently providing around 25 percent of domestic gas to the east coast market.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  OMV Petrom, Hunt Oil Start Experimenta... (Dec 9)
 -  Waitsia JV Approves 2017 Development A... (Dec 9)
 -  SapuraKencana: Short-Term Industry Out... (Dec 8)
 -  Oil Flows From Otakikpo Marginal Field... (Dec 8)
 -  Plexus: More Cuts Expected (Dec 8)


Most Popular Articles

From the Career Center
Jobs that may interest you
Petroleum Inspector III
Expertise: Field Service Tech|Marine Surveying|Surveying
Location: Gonzales, LA
 
Petroleum Inspector II
Expertise: Field Service Tech|Marine Surveying|Surveying
Location: New Orleans, LA
 
Petroleum Inspector II
Expertise: Field Service Tech|Marine Surveying|Surveying
Location: New Orleans, LA
 
search for more jobs

Brent Crude Oil : $54.33/BBL 0.81%
Light Crude Oil : $51.5/BBL 1.29%
Natural Gas : $3.75/MMBtu 1.35%
Updated in last 24 hours