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Re-authorising Curtis Island LNG operations is being examined to permit three companies to continue production, storage and exports for another five years.
The Australian Competition and Consumer Commission ACCC is examining a proposal to discuss and co-ordinate the maintenance schedules, maintenance providers, and maintenance techniques of Australia Pacific LNG Pty Ltd, Gladstone LNG, and the Queensland Curtis LNG projects.
The re-authorisation would prevent producers trading advantageously in gas markets, because each would know when maintenance is going to occur, as operators must adhere to ACCC conditions.
Curtis Island plant operators, who convert natural gas into LNG are connected to gas wells in the Surat and Bowen basins, also purchase gas from wholesale markets.