BOC agrees $100m LNG gas supply contract


The deal is on track for Australia’s first LNG from coal seam gas, after BOC and QGC yesterday announced a long-term gas supply agreement worth more than $100m (Australian dollars).

The newly-inked deal puts the companies on track to extend a new transport fuel industry to Queensland and completes an interstate network of LNG refuelling stations for the trucking industry.

BOC and QGC, a BG Group business, announced the contract at a function in Chinchilla, southern Queensland, attended by the Premier of Queensland, the Honourable Anna Bligh MP.

As part of the agreement, QGC will supply BOC with up to 30 petajoules of coal seam gas over 15 years.

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