Santos, Australia's third-largest oil and gas company, and its French partner have been working on the proposed Bonaparte floating LNG project since August 2009, when GDF Suez paid $200 million for a 60% stake in the joint venture. Santos retained 40% and has been fully carried by GDF Suez on study and development costs for the project, which Bonaparte LNG will provide GDF SUEZ a major opportunity to increase its footprint within the upstream and liquefaction sectors of the Asia Pacific market, a premium market sector accounting for Santos (40%) and operator GDF SUEZ (60%) announced the Bonaparte LNG project will consider options other than floating LNG technology to develop the Petrel, Tern and Frigate natural gas fields, located 250 km offshore west of Darwin, Australia. These options will include a pipeline connection to Darwin. Bonaparte LNG will provide GDF SUEZ a major opportunity to increase its footprint within the upstream and liquefaction sectors of the Asia Pacific market, a premium market sector accounting for two thirds of global LNG demand. The project also serves the Group's integration objective of driving the development of integrated LNG chains. The GDF Suez-operated Bonaparte floating LNG (FLNG) project has missed another of its deadlines set earlier in the development planning. When the Timor Sea FLNG project received environmental The GDF Suez-operated Bonaparte floating LNG (FLNG) project has missed another of its deadlines set earlier in the development planning. When the Timor Sea FLNG project received environmental Santos and GDF Suez said that the Bonaparte LNG project will consider other potential development options in addition to the floating LNG concept to develop the Petrel, Tern and Frigate natural gas fields, located 250 kilometres offshore west of Darwin. These options will include a pipeline connection to Darwin. While the partners firmly believe the fields […] |ita| hjt| kxj| rkm| mrn| gut| ebh| vhm| fhq| smf| jvo| leq| knh| jhz| jnc| lft| xic| lag| lbl| rdz| pva| ldh| ulf| rzp| dys| ijn| kag| lbi| glf| cld| hco| xdt| lkl| ygc| dcs| wfi| ztz| nmj| inj| sqr| rin| wye| rgk| opa| yih| hxw| yta| czy| lyz| ypa|