Tuesday 13 August 2024
Shell invests in Australian natural gas project
Arrow Energy, a joint venture between Shell and PetroChina, will begin phase two of natural gas project in Australia, Surat Gas Project.
It is expected to contribute around 22,400 barrels of oil equivalent per day (or 130 million standard cubic feet per day) at peak production.
The gas from the project will flow to the Shell-operated QCLNG facility on Curtis Island in Queensland, to supply domestic customers and meet existing contracts.
In its first phase, Arrow Energy drilled more than 600 wells.
The second phase will deliver up to 450 production wells, a field compression station, 27 km of new pipeline and infrastructure upgrades.
Zoë Yujnovich, Shell’s Integrated Gas and Upstream Director, said: 'Embarking on Phase 2 of the Surat Gas Project with Arrow is part of our commitment to bring more gas to market.
'QCLNG marked its 1000th cargo at the end of last year, reflecting its significance as a gas supplier for Australia and the region. This investment will enable us to sustain and grow this important, secure energy source that offers a lower emissions alternative to options like coal.'
The project is expected to deliver natural gas by 2026.
