BG Tanker Approaches Queensland as LNG Project Set to Start
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The first tanker to ship liquefied natural gas from BG Group Plc’s $20.4 billion project on Australia’s east coast is due to arrive on about Dec. 20, signaling exports to Asia are set to begin.
The ship, the BG-owned Methane Rita Andrea, is heading for Gladstone, in Queensland state, according to data compiled by Bloomberg. BG expects the plant, the world’s first large-scale project to turn coal-bed methane into LNG, to begin by the end of the year, the company reiterated today.