The Santos GLNG Project is a US$18.5 billion pioneering venture to convert coal seam natural gas (CSG) to liquefied natural gas (LNG) for export to global markets.

It represents a major investment in a cleaner energy source for the future. The project involves the development of gas fields in the Bowen and Surat Basins, the construction of a 420 kilometre underground gas transmission pipeline to Gladstone and a two-train LNG processing facility on Curtis Island in Gladstone.

The project is a joint-venture between Santos and three of the world’s largest energy companies, PETRONAS, Total and KOGAS.

The US$18.5 billion estimated capital cost of the GLNG Project from FID until the end of the 2015 includes acceleration projects that are subject to sanction by the GLNG partnership