Financial
Performance driven
Atlantic is driven by the objective to create shareholder value through developing and maintaining outstanding assets, performance and value to the nation and our home community, leveraging our skills and competencies as an operator. The company continuously seeks to be innovative and to grow and to improve, in order to become a truly great operating company.
Atlantic continues a rigorous focus on asset integrity, equipment availability, and gas processing optimisation as means to increase production through the existing assets by the way that we operate those assets. Critical to the success of our efforts is dedication to well-embedded process safety management and the training and development of our people.
We are committed to a strategic and purposive transition from primarily a project-based focus on building and commissioning LNG plants to an operations-led focus on becoming a great operating company. We have made considerable progress in development and implementation of processes and operating innovations that have been recognised by peer groups and industry experts as best-in-class or on-par with industry leaders.
Financial Facts
- Atlantic LNG is the largest contributor to exports
- Atlantic taxes to Government: US$49.5 million per year (estimate)
- Atlantic represents 57% of the contribution of the Refining sector to the economy
(b) Production:
- Atlantic’s 4 Trains produce 15 milllion metric tonnes per annum (mmtpa). This is 130 million barrels of oil equivalent (boe) or 360,000 barrels per day (bpd)
- Atlantic has loaded 1000 cargoes as at October 13, 2006
- Atlantic provides almost 75% of LNG exports to the US
