Speaking at a webcast of the company's third quarter results, chief executive officer Frank Chapman said the company wasn't working on any large-scale mergers.
"Once you get a big piece of infrastructure like this away, one is always looking for the optimisations around that, and I believe those opportunities are many, although we are not working on anything at the moment aside from the expansion of phase-train three," he said.
"We're making good progress with resources, we're out in the market and marketing further volumes and our primary objective right now is to bring that forward as soon as we can.
"It may be that some of the feedstock for train three is third-party gas. I don't know, I mean there are various possibilities but in terms of large scale, putting two big projects together, we're not working on anything like that at the moment.
"We've got all the resources we need, we've got the customer base we need, we've got the financial firepower we need and we know what we're doing, so I think that formula has worked really quite well for us to date and we intend to plough our own furrow certainly for a while in getting this all away," he said.
Talk of consolidation in the CSG sector is not new, with the consensus that amalgamation would take place to save costs.
However, with BG's FID decision on Sunday and Santos and the Australia Pacific LNG joint venture expected to make FID on their projects by the end of the year, large-scale consolidation may be out of the picture for now.
Earlier this year, Santos chief executive David Knox said that while consolidation was a sensible thing to do, the window of opportunity for consolidation before the company built its first train and potentially second train was gone.
"Perhaps we can consolidate on future LNG trains," he said. "We have a five-train site so we have a 20 million tonne site; we have plans to build 7.2 million tonnes so there is opportunity for others to join our side if they choose to do so."
His comments were also mirrored by Origin Energy managing director Grant King, who said that with a number of projects close to FID, any potential collaboration could be like its deal to sell around 190 petajoules of gas to the QCLNG project.
BG made a $US15 billion final investment decision on the two-train, 8.5 million tonne per annum project on Curtis Island near Gladstone on Sunday.
Work on the project, which is targeting first LNG in 2014, will start immediately.
Chapman also said the company would "ideally" like to roll over the construction team from the first phase of the project to Train 3 and was working hard on proving up reserves for the additional Train.
"We'll be working hard on our exploration; we're drilling about 40 wells this year … in the Bowen Basin looking at further resource opportunities," he said.
"We'll see how we get on but we have already, as you might have read, an environmental permit for the third train and, therefore, it will enjoy quite some benefits from leveraging off all of the work we've done to get to the sanction we announced over the weekend."
