PERTH: Gladstone Ports Corporation has concluded Port Services Agreements (PSAs) with LNG exporters, paving the way for a ramp up of LNG shipments from Curtis Island off Central Queensland.
The PSAs are a contractual framework for allocating port capacity and charging for access to the Port of Gladstone’s main shipping channels and other supporting infrastructure.
Treasurer Curtis Pitt said PSAs had been negotiated with Queensland Curtis LNG, Australian Pacific LNG and Gladstone LNG.
“These agreements are an important milestone in the growth of Queensland’s LNG export industry,” he said.
“They pave the way for a significant expansion in Queensland’s LNG exports from the Port of Gladstone.
“Queensland’s LNG industry is ramping up, having already exported $1.14 billion worth of gas from January to July.”
Mr Pitt said Exports were projected to hit $15 billion by 2016-17.
“From 2016, when all three LNG projects are in export phase, there will be enough LNG production to load 10 vessels per month combined,” he said.
“We’re planning ahead to manage this growth because the LNG export industry is crucial to the future of the Queensland economy.”
Shipping activity at Port Qasim on February 11
KARACHI: Three ships namely, Glen Canyon, Al-Salam- II and TSM Pollux carrying Containers, Gas oil and Palm oil were arranged...
