LNG (LIQUIFIED NATURAL GAS)

Central eyes the red centre

CENTRAL Petroleum has released a report suggesting a liquefied natural gas export project based on a large gas discovery in Central Australia would need to produce 3 million tonnes of LNG per annum to be viable.

This would in turn require at least 4 trillion cubic feet of gas and capital expenditure of about $5 billion for the upstream facilities, pipeline and plant at Darwin. Other considerations for the preliminary...

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