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 is GLNG’s Upstream Operator. It is responsible for the development and operation of GLNG’s gas fields and processing hubs. Santos is one of Australia’s biggest domestic gas suppliers and aims to be a leading LNG supplier in the Asia-Pacific region LNG supplier. Santos is a global low-cost producer of oil and gas committed to ever-cleaner energy and fuels production with operations across Australia, Papua New Guinea, Timor-Leste and North America. Underpinned by a diverse portfolio of high-quality, long-life, low-cost oil and gas assets, Santos seeks to deliver long-term value to shareholders.
For more than 65 years, Santos has been working in partnership with local communities, providing local jobs and business opportunities, safely and sustainably developing its natural gas resources, and powering industries and households.
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.