This alliance between Shell and Arrow Energy combines the complementary strengths of the two companies. Shell has global gas marketing, world-class LNG experience and financial strength, coupled with leading technical capabilities. Arrow has proven CSG expertise, and extensive Australian and international CSG acreage positions. Shell looks forward to working with Arrow Energy to monetise this significant resource.
In addition, Shell has signed, with the Gladstone Ports Corporation, an exclusive Right to Investigate a site on Curtis Island, for a possible LNG plant. It is the intention to supply this plant by natural gas from CSG acreage jointly owned by Shell and Arrow Energy.
Feasibility studies have commenced onsite and Shell is currently working on its Initial Advice Statement for submission to the Queensland Department of Infrastructure & Planning. A full integrated project plan is in the process of being formulated.
For media inquiries, please contact:
Claire Wilkinson, Claire.Wilkinson@shell.com, +61 (0) 416 924 822
- Ends -