In announcing the contract, BG Group Chief Executive Chris Finlayson said, “As construction of the QCLNG Project passes the half-way mark we are increasing our focus on how we are going to operate the facilities safely and efficiently in the decades ahead. BG Group is committed to reducing emissions through advanced, proven technologies and design.”“Using GE’s technology will contribute to the QCLNG plant being one of the most emissions-efficient facilities of its kind in the world. Liquefied natural gas has an important role to play in the management of global greenhouse gas emissions. When used as a substitute for coal, particularly in developing economies, liquefied natural gas from the QCLNG Project could reduce greenhouse gas emissions by more than 35 percent,” Mr Finlayson said.
GE Awarded US$620 Million Services Contract In Australia For QGC
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts