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Final Gladstone LNG Plant Online


Source: AFR 11 January 2016

The depressed oil price has muted celebrations for the departure of the maiden cargo from Origin Energy's $24.7 billion Australia Pacific Liquefied Natural Gas project in Gladstone, given that the project does not cover its operational and financing costs at current prices.

The Methane Spirit tanker carrying the first cargo left Curtis Island in Gladstone harbour on Saturday, just over 12 months since the first LNG shipment left Gladstone, from BG Group's Queensland Curtis project which lies at an adjacent site on the island.

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