Australia’s Queensland Approves Surat Gas Project

摘要

The Queensland government has approved Royal Dutch Shell and PetroChina’s A$10 billion ($7.1 billion) Surat Gas project, paving the way for development of some of eastern Australia’s largest onshore gas reserves. Arrow Energy, the Shell-PetroChina joint venture, was granted 14 leases for Surat which holds 5 trillion cubic feet of natural gas (140 billion cubic meters). Arrow signed a 27-year deal in 2017 to sell gas from Surat to the Queensland Curtis LNG (QCLNG) project run by Shell with first gas due by 2020 (IOD Dec.4’17).