One of the world’s largest LNG projects has shipped its first cargo to Japan.
Australia’s Gorgon project, located on Barrow Island, includes a domestic natural gas plant, a carbon dioxide injection project, and an LNG export facility.
The three liquefaction units have a combined capacity of 2.1 billion cubic feet per day.
The first unit (also known as a train) was commissioned in March, with the second and third trains to follow as six and nine-month intervals.
The entire facility, which took more than six years to develop, cost $54 billion in capital costs, making it the world’s most expensive LNG project to date.
According to the EIA, Australia’s LNG export capacity is 6.2 billion cubic feet per day. If scheduled LNG capacity becomes operational by 2019, the country’s LNG export capacity will likely increase to the largest in the world, at 11.5 billion cubic feet per day – the equivalent of one-third of global LNG trade in 2014.