Liquefied Natural Gas (LNG) – According to the Department of Mines and Energy in Queensland, there are currently eight liquefied natural gas (LNG) projects proposed in Queensland with a total capital expenditure in excess of $40 billion. If all of the projects were to proceed, more than 50 million tones per annum (Mtpa) of LNG would be produced as a result of extracting CSG in Queensland. This would represent consumption of 3.3 TCF of CSG per year.

Signed LNG Contracts

Since the start of 2010 a number of agreements have been finalized for delivery of gas from Queensland LNG plants. The following table summarizes the participating energy companies and the value of the largest contracts to date.