CSG - Santos historic $7.7b Qld gas project ...
Excerpt from Brisbane Times:
Historic $7.7b Qld gas project
29 May 2008
Gladstone will become one of the world's largest liquified natural gas export centres by 2014 after resources giant Santos today announced it had signed a partner to a $7.7 billion world-first project to convert coal seam gas to liquified natural gas (LNG).
Coal seam gas will be piped via a 450 kilometre pipeline from gas fields near Roma and Injune to Gladstone, where it will be chilled and liquified for export on Curtis Island in Gladstone Harbour.
...
Mr Knox said the Australian Bureau of Research Economics (ABARE) had recently advised the company east Australia had potential reserves of 250 trillion cubic feet (tcf) of gas.
"To get a project such as this - we are talking about 3 million tonnes - we need about four or five trillion cubic feet and I just said there is about 250 tcf," Mr Knox said.
"So, this has the potential to be a giant business.
"Ultimately, this could be a business of almost unimaginable scale."
...
See - Brisbane Times - Historic $7.7b Qld gas project.
Also see - Santos presentation.
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