Total Delivers First LNG Cargo from Gladstone

The first cargo of liquefied natural gas (LNG) from Australia's Gladstone project has been delivered to Korea Gas Corp, Total Chief Executive Patrick Pouyanne said on Thursday.

The French oil and gas company holds a 27.5 percent stake in the project. Other partners include Australia's Santos Ltd , Malaysia's Petronas and Korea Gas Corp.

The Gladstone project produces natural gas from coal seams and converts it into LNG for shipping to buyers, mostly in Asia.

 

Reporting by Bate Felix