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Shell And PetroChina To Develop Phase 2 Of Surat Gas Project: Details

Shell plc (NYSE:SHEL) and PetroChina joint venture, Arrow Energy, plans to develop Phase 2 of the Surat Gas Project in Queensland, Australia. The gas will be routed to Shell's QCLNG facility on Curtis Island to meet long-term contracts and domestic demand. Phase 2, part of a 27-year agreement with QGC, is expected to add about 22,400 barrels of oil equivalent per day (130 million standard cubic feet per day) at peak production. The companies project its first gas in 2026. Zoë Yujnovich, Shell's Integrated Gas and Upstream Director said, "QCLNG ...