Santos and a group of its joint venture partners have secured a $692m court victory relating to a construction dispute at its Gladstone LNG project in Queensland.

The Queensland Supreme Court has ruled global EPC firm Fluor must pay approximately A$692m to Santos and its co-venturers ...

Australia's Queensland Supreme Court ruled Monday that Fluor (NYSE:FLR) must pay ~A$692M (US$451) to Santos (OTCPK:STOSF) ...

Australia Pacific LNG has called on the Albanese government to force all east coast LNG exporters to contribute directly to ...

Although a final judgment is not expected until later this year, Fluor Corporation (NYSE: FLR) acknowledges the August 8, ...

The terminal, which would be supplied by the Petronas/Santos coalbed methane-backed Gladstone LNG scheme in Australia, could be linked to existing oil refinery infrastructure in the area.

Australia’s Liquefied Natural Gas Ltd is proposing to develop a US$2.2 billion LNG production and export facility in Louisiana, based on the same concept as its Gladstone LNG project in ...

The FINANCIAL — The first shipment of liquefied natural gas (LNG) from the Gladstone LNG project has been loaded and is now on its way to South Korea. The plant at Curtis Island will produce 7.2 ...

LNGL Extends Gladstone Lease * LNGL has signed a non-binding memorandum of intent (MOI) for gas supply with Tri-Star Petroleum Company (Tri-Star). Liquefied Natural Gas Limited yesterday announced ...

But heavy Gladstone and PNG LNG capital expenditure between 2011 and 2014, including major cost blowouts, result in largely single-digit returns.

If expansion LNG trains were ever built at Gladstone, returns could be expected to improve. Expanding to four trains could allow greater capital efficiency on the two-train startup configuration.

Gladstone, located near a port in the northeastern state of Queensland, will have a production capacity of 3.5 million tonnes per year (mtpy) of LNG and will use coal seam gas reserves as feedstock.