GDF SUEZ Bonaparte and venture partner Santos Offshore have received environmental approval to develop the Bonaparte Floating LNG Project, subject to 15 conditions.
The Bonaparte floating facility – the second floating LNG (FLNG) facility in Australia to be approved – will be located approximately 250 km west of Darwin and will produce and export LNG.
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Santos and GDF SUEZ Bonaparte entered into a joint venture in 2009 to develop the project in the Bonaparte Basin, taking gas from the Petrel, Tern and Frigate fields. Santos has a 40 per cent stake in the project while operator GDF SUEZ Bonaparte has a 60 per cent share.