Veolia Wins Up to A$800 Million BG Water Treatment Contract

Veolia Environnement SA (VIE), Europe’s biggest water company, won a water treatment contract worth as much as A$800 million ($844 million) for BG Group Plc (BG/)’s Queensland Curtis liquefied natural gas project in Australia.

QGC Pty, a coal seam gas exploration unit of BG Group, said today in a e-mailed statement it awarded Veolia Water Australia Pty a 20-year contract to operate and maintain two treatment plants at the site and a third plant at QGC’s Windibri site in Queensland.

Brisbane-based QGC said the deal showed it was making progress on infrastructure for its Queensland LNG project, which it expects will be the world’s first to turn coal seam gas into LNG. The company said in the statement it is on schedule to produce LNG at the site from 2014.

“This is QGC’s biggest operational contract to date,” Operations Director Walter Simpson said in the statement. Last month QGC gave a $620 million contract to GE Oil & Gas Australia Pty to maintain turbines and equipment at the site, the company said on its website.

To contact the reporter on this story: David Stringer in Melbourne at dstringer3@bloomberg.net

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