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.

Most Popular

BGN delivers its first LNG cargo to Germany, secures Egypt deal

Switzerland-based energy trader BGN has completed its first LNG delivery to Germany, while simultaneously securing a deal to supply Egypt with LNG.

Samsung Heavy wins contract for Eni’s Coral Norte FLNG

South Korean shipbuilder Samsung Heavy has secured a preliminary contract for Eni's second FLNG project in Mozambique, Coral Norte (Coral North), according to shipbuilding sources.

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

More News Like This

Gladstone LNG exports flat in June

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland were almost flat in June compared to the same month last year, according to the monthly data by Gladstone Ports Corporation.

ConocoPhillips loads its first Equatorial Guinea LNG cargo

US energy giant ConocoPhillips has loaded its inaugural LNG cargo at the Punta Europa LNG plant in Equatorial Guinea.

Gladstone LNG exports drop in May

Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland dropped 4.5 percent year-on-year in May due to lower volumes going to China, according to the monthly data by Gladstone Ports Corporation.

China’s Sinopec secures price cut for APLNG contract

China’s state-controlled energy giant Sinopec has secured a lower price for its long-term liquefied natural gas supply deal with Australia Pacific LNG following a price review, according to APLNG shareholder Origin Energy.