Australia Pacific LNG gets new CEO

Australia Pacific LNG, the operator of the 9 mtpa LNG export facility on Curtis Island near Gladstone, said it has appointed Khoa Dao as its chief executive officer.

Dao has more than 30 years of experience in the oil and gas industry having worked in the
United States, Vietnam, Indonesia, and Canada. Previously, Dao was the president of
ConocoPhillips’ Australia business unit, according to a statement by APLNG.

“Australia Pacific LNG is playing its part to ensure Australia has a stable and secure supply of gas during the current period of unprecedented turmoil in global energy markets,” Dao said in the statement.

He said APLNG would continue to invest and develop its gas resources to fulfill the company’s long-term gas sales commitments and offer additional volumes to the domestic market.

“With the global energy transition underway, we also expect LNG to play an increasingly important role, as it is lower in greenhouse gas emissions intensity than other fuels,” Dao said.

Earlier this year, US energy giant ConocoPhillips completed the purchase of an additional 10 percent shareholding interest in APLNG from Origin Energy for about $1.64 billion.

ConocoPhillips now has a 47.5 percent share in the project but it also operates the LNG export facility on Curtis Island and the export sales business.

Origin Energy operates APLNG’s gas fields and now holds a 27.5 percent share, while China’s Sinopec owns a 25 percent share in APLNG as well.

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