2013 milestones progressing Q1 Milestones update: Brazil FPSO 2 onstream Everest East expansion onstream Margarita Phase 2 start-up ahead of schedule Elgin/Franklin production restart Bongkot N Phase 3K onstream UK shutdowns largely…
Australia entering commissioning phase Significant progress in the quarter Hydro-testing of export pipeline underway; to complete by end of November Gas flowed into the collection header system Construction at Ruby Jo progressing…
Australia QCLNG plant, Curtis Island, Australia
Australia QCLNG main export pipeline, Australia
QCLNG milestones 2013 2014 Q1 Q2 Q3 Q4 H1 H2 Wells: 1290 1450 1600 1750 2000 wells Q1: 1286 Q2: 1499 Q3: 1724 Upstream First major water facility (Kenya) July Central processing plant (Ruby) Six Field Compressor Stations…
Brazil excellent flow rates Combined production from 3 FPSOs 160 kboed (gross) during Q3 Initial wells on FPSOs 2 and 3 both producing more than 30 kboed each (gross) BSR installation underway; well connections in Q1 2014 Remaining…
Egypt - environment remains difficult Q3 domestic offtake from WDDM increased, close to 1 bcfd maximum Egyptian LNG continues to operate, albeit at reduced capacity 5 partial compensatory Qatari cargoes (2 net to BG Group) lifted…
Portfolio management good progress Quintero LNG terminal sale completed for 176 million Agreed sale of TGGT for cash consideration of 231 million Completion of QCLNG sell-down to CNOOC expected by year end Proceeds 1.93 billion…
Summary Production down 10% in the third quarter; recovery in fourth quarter Further progress on other 2013 milestones Good execution with key growth projects QCLNG entering commissioning phase Excellent flow rates in Brazil…
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