Milestone 500th Cargo Departure Highlights Local Benefit

The 500^th cargo of liquefied natural gas (LNG) has been loaded and sailed from the Australia Pacific LNG facility on Curtis Island, in Queensland.

The departure of the ship marks a watershed moment for ConocoPhillips Australia and for the Gladstone and broader Queensland communities.

Generating 475 Australian jobs and retaining a 100% local workforce, ConocoPhillips Australia contributed $1.3 million to local community investment, spending over $168 million with Australian businesses in 2019. It also contributed $3.6 million to Great Barrier Reef management and conservation initiatives.

ConocoPhillips Australia President, Nicholas McKenna, said the 500^th cargo marks a significant milestone for the Australia Pacific LNG joint venture.

“Today we are celebrating the safe loading and sailing of our 500^th LNG cargo at the Australia Pacific LNG facility, nearly four and a half years since our first cargo sailed in January 2016 and ten years since we became part of the Gladstone community,” Mr McKenna said.

“Over the past ten years, Australia Pacific LNG has played a key role in providing natural gas to local and East Coast customers, as well as exporting LNG to international customers that rely on a cleaner energy source. This is only possible through local employment, spending with Australian businesses and supporting the communities we operate in.

“Since 2011, ConocoPhillips Australia, as downstream operator of Australia Pacific LNG, has spent nearly a billion dollars with Gladstone based businesses, over $7 billion with Queensland businesses and contributed more than $23 million to community organisations and civic groups through community investment programs.

“Thanks goes to our Joint Venture partners Origin and Sinopec. Together we have invested in Australia and Australians with the vision of developing a leading gas business for years to come,” Mr Mckenna said.

About ConocoPhillips

Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 17 countries, $65 billion of total assets, and approximately 10,400 employees as of March 31, 2020. Production excluding Libya averaged 1,278 MBOED for the three months ended March 31, 2020, and proved reserves were 5.3 BBOE as of Dec. 31, 2019. For more information, go to www.conocophillips.com

About Australia Pacific LNG

Australia Pacific LNG Pty Limited is an incorporated joint venture between ConocoPhillips (37.5%), Origin Energy Limited (37.5%) and Sinopec (25%). Australia Pacific LNG includes the development of Australia Pacific LNG’s substantial coal seam gas resources in the Surat and Bowen Basins, a 530 km transmission pipeline, and a multi-train LNG facility on Curtis Island, near Gladstone. www.aplng.com.au