Fisherman’s Landing LNG Project at Gladstone, Queensland

By Joseph R. Fonseca
Monday, June 30, 2014

 

Liquefied Natural Gas Limited advises that the Gladstone Ports Corporation Limited (GPC) has granteda three month extension to the site agreement to lease at LNGL’s Fisherman’s Landing LNG project on the mainland at Gladstone Queensland,  Australia,  from  30  June  2014 to  30  September  2014.  The  extension  follows  a Company submission on the status of  gas supply for the first  LNG  Train that will produce a guaranteed 1.5 million tonnes per annum of LNG (mtpa) and a nameplate capacity of 1.9 mtpa.
 

Company  Managing  Director  and  Chief  Executive  Officer  Mr  Maurice  Brand  said  that  he
anticipated being able to provide further information on gas supply during the third quarter of
2014.   Whilst the project has been on hold since March 2010,  all  approvals  are  in place to
recommence construction once gas has been secured and banking agreements re-established.   
 
“We  are  appreciative that the Board of GPC has  granted  a further  extension.  The Company
accepts that if we are unable to provide substantial further progress on gas supply during the
next quarter, then the Board of GPC will reconsider again in late September 2014 any further
extensions based on the progress made, “ said Mr Brand. 

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

Mitsui Orders 2 LNG Carriers from MHI

Mitsubishi Heavy Industries, Ltd. (MHI) reports it has received an order for two next-generation LNG (liquefied natural gas) carriers from Mitsui & Co., Ltd., scheduled

US House Passes Bill to Pressure Regulators on LNG Exports

The U.S. House of Representatives passed a bill on Wednesday to speed permits for exports of natural gas, a measure that even if passed by the Senate and signed into law by President Barack Obama,

DSME Building 5 Icebreaking LNGCs for Yamal

Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) is building five large Arctic Liquefied Natural Gas Carriers (LNGCs), for which it has LNG ordered

News

Ferus Smit to Launch Newbuild for Symphony Shipping

Ferus Smit announced it will launch Newbuuld 417 on Saturday, February 21 in Leer.   Newbuild 417, a multipurpose vessel to be christened Nordana Sky, is the

Australia Gives Landing Craft to the Philippines

The Australian Government will gift two recently-decommissioned Landing Craft Heavy vessels, including a package of spare parts, to the Philippines Government,

Reftrade Upgrades Fleet Refrigeration Systems

Reftrade UK  has made an investment  to upgrade its fleet with environmentally friendly technology. The world’s first refrigeration system to use CO2 as a natural refrigerant,

Mergers & Acquisitions

China Watching Greece After Port Sale Shelved

China is closely monitoring the policies of the new Greek government after Athens said this week it will stop the sale of a majority stake in Greece's biggest port,

Mitsui Orders 2 LNG Carriers from MHI

Mitsubishi Heavy Industries, Ltd. (MHI) reports it has received an order for two next-generation LNG (liquefied natural gas) carriers from Mitsui & Co., Ltd., scheduled

NewLead Holdings Acquire 5 Vessels

NewLead Holdings Ltd. announced today that it recently added five bitumen tanker vessels to its fleet. The Company has expanded its fleet to 10 vessels in less

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1446 sec (7 req/sec)