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Oil & Gas · QLD · Safeguard Mechanism 2023–24

Queensland Curtis LNG Plant

QCLNG Operating Company Pty Ltd
📍 QLDOil & GasABN 19 138 872 385Baseline: Production-adjusted baseline
Queensland Curtis LNG Plant reported emissions +73 kt above its baseline in 2023–24. The 73 kt overage was covered by purchasing ACCUs.
1.94 Mt
2023–24 emissions
1.87 Mt
net baseline obligation
+73 kt
vs baseline
72,524
ACCUs surrendered
Emissions history

Reported emissions vs baseline, 2024–2024

Red bars indicate emissions above baseline — covered by carbon credit purchases
0t543kt1.1Mt1.6Mt2.2Mt24–25 Emissions Overage Baseline
Annual compliance record

Credit surrenders — Queensland Curtis LNG Plant

YearEmissionsBaseline GapACCUsSMCsCompliance
24–25 1.94 Mt 1.87 Mt +73 kt 72,524 ACCU buyer
Plain English

What this means

Queensland Curtis LNG Plant is a oil & gas facility operated by QCLNG Operating Company Pty Ltd in QLD. Like all covered facilities, LNG processing, gas extraction and pipeline operations release methane and combustion emissions. Under Australia's Safeguard Mechanism, Queensland Curtis LNG Plant must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.

In 2023–24, Queensland Curtis LNG Plant reported emissions of 1.94 Mt against a baseline obligation of 1.87 Mt — an overage of 73 kt. The facility covered the 73 kt overage by purchasing 72,524 Australian Carbon Credit Units (ACCUs) — credits generated by carbon abatement projects elsewhere in Australia such as soil carbon farming, avoided land clearing, and landfill gas capture.

Purchasing credits is legal and intended by the Safeguard Mechanism's design — the policy deliberately allows facilities to choose between cutting on-site emissions or funding abatement elsewhere in the economy. Whether credit purchases represent genuine long-term decarbonisation depends on whether the facility's absolute emissions are trending down over time. The chart above shows the trajectory since reporting began. This question applies to all covered facilities under the Safeguard Mechanism, not Queensland Curtis LNG Plant specifically.

Across the oil & gas sector, 8 of 8 covered facilities reported emissions above their baseline in 2023–24. The table below compares Queensland Curtis LNG Plant with other oil & gas facilities covered by the Safeguard Mechanism.

Other facilities — Oil & Gas

Oil & Gas facilities — Safeguard Mechanism 2023–24

Facility Operator State Emissions vs Baseline Compliance
Gippsland Basin facility ESSO AUSTRALIA RESOURCES PTY LTD VIC 1.51 Mt +156 kt ACCU buyer
Moomba Plant Santos Limited SA 2.20 Mt +148 kt ACCU buyer
Darwin LNG Plant Santos Limited NT 242 kt +142 kt ACCU buyer
APLNG Facility CONOCOPHILLIPS AUSTRALIA OPERATIONS PTY LTD QLD 2.12 Mt +86 kt SMC buyer
Queensland Curtis LNG Plant QCLNG Operating Company Pty Ltd QLD 1.94 Mt +73 kt ACCU buyer
Beharra Springs BEACH ENERGY LIMITED WA 145 kt +45 kt ACCU buyer
Varanus Hub Santos Limited WA 281 kt +44 kt ACCU buyer
Ballera Santos Limited QLD 154 kt +34 kt ACCU buyer
← All Safeguard facilities
Source: Clean Energy Regulator — Safeguard Mechanism published data 2023–24 · All figures in tCO₂-e · Methodology · Data updated annually on CER release
All data sourced from the Clean Energy Regulator (Australian Government). Zerra is an independent data platform and is not affiliated with any listed facility or operator.