This story requires a subscription
This includes a single user license.
Santos said in its investor update on Tuesday that the project was 83.5 percent complete as at October 31, 2024.
The project was 82.3 percent complete as of the end of the third quarter.
Back in 2021, Santos took a final investment decision for its $3.6 billion Barossa project.
Natural gas will be extracted from the Barossa field, located in Commonwealth waters about 285 kilometers offshore north-north west from Darwin, and transported via a pipeline to the existing Darwin LNG facility.
In November last year, the last LNG cargo produced from the Bayu-Undan gas field has sailed from the Santos-operated Darwin LNG plant in Australia’s Northern Territory.
The final LNG shipment from Bayu-Undan left the 3.7 mtpa Darwin LNG plant at Wickham Point on November 11.
The Darwin LNG plant launched operations in 2006 and the facility is now being readied for the next 20 years, in preparation for the start of Barossa gas production in 2025.
To prepare for Barossa gas, Santos is working on the Darwin LNG life extension project.
According to the update, the Darwin life extension was 67 percent complete as of the end of October.
Moreover, Santos said the gas export pipeline scope is complete and construction activities for the Darwin pipeline duplication project are 55 percent complete, with 30 percent of installation complete.
The floating production, storage and offtake vessel (FPSO) is in the pre-commissioning yard in Singapore in preparation for sail away in the first quarter of 2025.
Besides an update on Barossa, Santos said that its Gladstone LNG export plant on Curtis Island near Gladstone delivered 80 cargoes during January-October this year.
Santos said the LNG plant is on track to deliver 100 cargoes by year-end or around 6 Mtpa.
In addition, the ExxonMobil-operated PNG LNG project in Papua New Guinea delivered 79 cargoes during January-October this year.
The LNG plant, in which Santos has a 39.9 percent stake, remains on track to deliver 98 cargoes by year-end, according to the Australian firm.