Australia's Gladstone LNG Plant to Take Unit Offline for Maintenance

Australia's Gladstone liquefied natural gas (LNG) export plant will take one of its production lines out of service for planned maintenance for several weeks in October, industry sources said.

The Santos-operated plant will take one of its two production facilities, known as trains, off for maintenance from early October to about Oct. 23, they said.

The planned nature of the outage means it is likely to have a limited impact on spot LNG prices in Asia, a trader said.

Santos CEO Kevin Gallagher said last month the company may run the project below its 7.8 million tonnes/year production capacity, but said there was no plan to mothball any of its units in light of adverse operating conditions.

(Reporting by Oleg Vukmanovic)