GLNG is an unincorporated joint venture established by the GLNG Joint Venture Agreement dated 13 January 2011, involving four Project Participants being Santos, Petronas, TotalEnergies and KOGAS.
OPL is the incorporated operator of the LNG Plant and the transmission pipelines, and as agent, administers the long-term foundation LNG Sales and Purchase Agreements with Kogas and Petronas. OPL administers all commercial aspects of GLNG.
Santos is the operator of the upstream acreage in Fairview, Roma, Arcadia and Scotia including the wells, the gathering systems and the gas processing hubs.
Santos provides reliable, affordable energy for progress and seeks to provide lower carbon energy over time.
Santos is a global energy company with operations across Australia, Papua New Guinea, Timor-Leste and the United States.
At Santos, our goal is to be a global leader in the energy evolution to low-carbon fuels that help the world decarbonise and continue to provide the reliable, affordable energy the world needs for modern life and human progress.
Santos is an important Australian domestic gas supplier and LNG supplier in Asia. We are committed to supplying critical fuels such as oil and gas, and abating emissions through carbon capture and storage, energy efficiency projects, use of renewables in our operations and high-quality offsets. Santos will also seek to develop low-carbon fuels as customer demand evolves.
For 70 years, Santos has been working in partnership with local communities, providing jobs and business opportunities, safely developing natural gas resources and from there powering industries and households.
Santos seeks to deliver long-term value to shareholders through our diverse portfolio of high-quality, long-life, low-cost oil and gas assets, carbon storage resources and infrastructure.
The Santos portfolio is value accretive and resilient across a range of decarbonisation scenarios. Santos has a climate transition action plan that will continue to evolve for the global energy evolution.
Santos has a regional operating model with a strong local focus. The Company’s operating structure comprises three regional business units focused on enabling and executing corporate strategy. Two divisions – Santos Energy Solutions and Santos Upstream Gas and Liquids – are accountable for global portfolio management and strategy.
Petroliam Nasional Berhad, also known as PETRONAS, is a dynamic global energy and solutions company with a core intent to power society’s progress responsibly and sustainably. Recognised as one of the largest corporations in the world, included in the Fortune Global 500® ranking, it has over 46,500 employees with a global reach spanning over 100 countries.
As the custodian of Malaysia’s national oil and gas resources, PETRONAS explores, produces and delivers energy, both hydrocarbon and renewables, to ensure the security of energy supply for Malaysia and our customers around the globe. We have five core businesses – Upstream, Gas, Gentari (New Energy), Downstream, and Project Delivery and Technology.
TotalEnergies is a multi-energy company that produces and markets fuels, natural gas and electricity. Our 100,000 employees are committed to better energy that is more affordable, more reliable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.
TotalEnergies will maintain discipline on its investment program, which will be $13-15 billion per year for 2022-25 and will allocate 50% of these investments to growing its activities and 50% to maintaining the base of its activities, 50% of the growth investments will be dedicated to the development of new energies, mainly renewables and electricity, and the other 50% to natural gas, essentially LNG.
Korea Gas Corporation, commonly known as KOGAS, is the largest LNG-importing company in the world and is the key organization mandated by the government of the Republic of Korea to provide energy security through the provision of competitive and stable supplies of natural gas for the Korean industry and market.
It’s world leading LNG and natural gas infrastructure comprises of 5 LNG import and regasification terminals strategically positioned throughout the Korean peninsula which includes a total of 77 tanks capable of storing 12.2 million m3 of LNG and a natural gas pipeline network totalling 4,971 kilometres in length.
Internationally, KOGAS has invested in multiple overseas projects throughout all segments of the LNG value chain and maintains working interests in 19 world class assets spread across Africa, Eurasia, North America and Australia.
Construction of the facility commenced in 2011 and it was commissioned in 2015. The plant has a design capacity of 7.8 million tonnes of LNG per year, which is around 10 per cent of Australia’s LNG capacity.
Throughout construction, over 6000 jobs were created and billions of dollars were injected into the Queensland economy through spending with local suppliers and businesses.
Santos GLNG has a 90 per cent local residential workforce directly employing more than 120 people from the Gladstone region.
Through a range of training and development programs, we have created pathways for regional Queenslanders into all facets of the business. We have nine trainees and apprentices, three of whom are part of an Indigenous Pathways Program delivered in partnership with Programmed Skilled Workforce.
Over $30 million spent every year on local goods, services, rates and taxes
Additional $10.5 million spent on local procurement and wages in 2021 for maintenance activities
Since the GLNG project was sanctioned in 2011 – almost 300 million in royalties paid to the Queensland Government.
More than $200 million in social infrastructure and community sponsorship.