According to The Australian Financial Review, Origin Energy is thought to be on the verge of announcing the formal start-up of the second production train at its $25 billion Australia Pacific LNG plant in Queensland, after gas consumption at the site hit a record.
Gas demand at APLNG is now well past what is require for one train, signalling that the second unit has essentially already begun production, according to an analysis of the regional gas market data by consultancy Energy Edge.
The start of Train 2 at APLNG will be significant for the Queensland LNG industry, it being the last of the six huge LNG production trains built side by side on Gladstone's Curtis Island in three competing projects. The three ventures are driving what is expected to be a near-tripling of gas consumption on the east coast in the 2014-16 timeframe and have contributed to the gas price increases being experienced by local industrial users of gas.
Origin, a 37.5 per cent partner in the APLNG venture, has already said that the second train is in the commissioning phase and is due to formally begin production this quarter, with revenues to flow from the March quarter.
Gas consumption at APLNG, which converts it into LNG for export primarily to China, hit a record 1170 terajoules a day according to data for October 2, well above the circa 850 TJ a day that the first train uses, Mr Stabler said.
The increasing flow of gas into the APLNG site has brough gas consumption on the island to a new record, reaching 3518 TJ a day on October 2, according to Energy Edge, which analyses data on gas flows provided by the Australian Energy Market Operator.
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