Aust cos BOC and QGC ink US$92 mln deal to build new LNG plant
Thu, March 18 2010 15:59 | 278 Views
Brisbane (ANTARA News/Asia Pulse) - Two major Australian gas companies, BOC Australia and QGC, have signed an A$100 million (US$92.31 million) agreement that will see the construction of a multimillion dollar liquified natural gas plant west of Chinchilla, Queensland,
with work expected to start early next year.
The companies said the new plant is on track to be the first in Australia
to produce liquefied natural gas (LNG) from coal seam gas to fuel trucks.
The
Queensland government says QCG has agreed to supply gas to BOC from July 2011 and if the companies meet that deadline,
Queensland will become the first in Australia
to produce LNG from coal seam gas.
Source:
Business in Asia Today - March.18, 2010
published by Asia PulseEditor: Ricka
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