QGC
QGC is Shell's wholly-owned Queensland-based natural gas business, producing coal seam gas from the Surat Basin for the Australian domestic market and exporting LNG via its two-train Curtis Island liquefaction plant to international buyers.
- Company typePrivate
- Founded-
- HeadquartersBrisbane, Australia
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What QGC does
QGC (Queensland Gas Company) is Shell's wholly-owned natural gas business unit in Queensland, Australia, focused on the exploration and production of coal seam gas (CSG) from the Surat Basin in southern Queensland. Natural gas is held in coal seams by groundwater pressure; QGC extracts the gas by reducing groundwater pressure through pumping, then routes the gas through compression stations and processing plants. The company is one of Australia's leading natural gas producers and operates a two-train LNG liquefaction plant on Curtis Island, enabling export of LNG to international markets via shipping.
QGC's revenue is generated through two primary streams: domestic natural gas sales to Australian industrial customers, utilities, and commercial buyers via pipeline infrastructure, and LNG exports to international buyers via the Curtis Island facility. The Walloons division handles marketing and trading of natural gas in the Australian domestic market on behalf of the Queensland Curtis LNG venture. Pricing is negotiated bilaterally with counterparties and is not publicly disclosed. The business operates as a B2B enterprise with sales directed at large industrial offtakers and LNG buyers.
As an operating business unit of Shell Australia (itself a wholly-owned subsidiary of Royal Dutch Shell plc), QGC benefits from the parent's capital resources, global LNG trading expertise, and technical capabilities. The company's competitive position rests on its Surat Basin reserves, regulatory entitlements from federal and Queensland authorities, proprietary CSG extraction know-how, and the capital-intensive infrastructure of its vertically integrated gas value chain. QGC does not disclose standalone revenue figures, as its financials are consolidated within Shell Australia's reporting.
QGC firmographics
Firmographics- Name
- QGC
- Legal name
- Shell's QGC business (Queensland Gas Company)
- Website
- https://qgc.com.au
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- QGC is Shell's wholly-owned Queensland-based natural gas business, producing coal seam gas from the Surat Basin for the Australian domestic market and exporting LNG via its two-train Curtis Island liquefaction plant to international buyers.
- Ownership category
- akta.pro rank
QGC industry classification
Industry- Product category
- Natural Gas Exploration and Production
- NAICS
- Natural Gas Extraction (211130)
- SIC
- Crude Petroleum & Natural Gas (1311)
- akta.pro primary industry
- Coalbed Methane (CBM) / Coal Seam Gas (CSG) (EUAAAAAD)
- akta.pro secondary industries
- LNG Liquefaction Plants (Onshore & FLNG) (EUALAFAA), Gas Processing Plants (Sweetening, Dehydration, NGL Recovery) (EUALACAD)
Keywords
Where QGC is headquartered
LocationHeadquarters
- HQ city
- Brisbane
- HQ country
- Australia
- HQ region
- Oceania
Offices3 records
Markets served
QGC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D
Revenue model
- Natural Gas Sales: Production and sale of natural gas to the Australian domestic market including industrial customers, utilities, and commercial buyers.
- LNG Export: Liquefaction of natural gas and export as LNG via the two-train LNG plant on Curtis Island to international markets.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
QGC product offering
Product offeringCore offering
QGC extracts natural gas from coal seam gas deposits in the Surat Basin of southern Queensland, Australia, and processes it through compression stations and processing plants. Gas is supplied to the Australian domestic market (industrial customers, utilities, and commercial enterprises) via pipelines, and also liquefied at QGC's two-train LNG plant on Curtis Island for export to international markets. Marketing and trading of domestic gas is handled by the Walloons division on behalf of the Queensland Curtis LNG venture.
Product overview
QGC is Shell's natural gas business unit in Queensland, Australia, operating as an integrated energy production company. The core offering consists of coal seam gas extraction from the Surat Basin, processed through compression stations and processing plants, then supplied domestically or converted to LNG at the two-train liquefaction plant on Curtis Island for export. The Walloons division handles domestic gas marketing and trading. QGC does not offer a software product but rather produces and markets natural gas as an energy commodity.
Differentiator
Problem solved
Functional benefit
Products and services
- Natural Gas Production (Surat Basin CSG)
Companies that use QGC
Customer profileSegments2 records
Ideal customer profiles2 records
QGC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
QGC partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights3 records
QGC competitors and assessment
Company assessmentDirect peers
- Santos: Santos is one of Australia's largest natural gas producers and operates the GLNG project — a CSG-to-LNG integrated venture in Queensland with export capacity at Gladstone. It is the closest direct competitor to QGC in CSG extraction and LNG export from eastern Australia.
- Origin Energy: Origin Energy operates the Australia Pacific LNG (APLNG) project in partnership with ConocoPhillips, producing CSG from the Surat and Bowen basins and exporting LNG from Gladstone. Its CSG-LNG integrated model directly mirrors QGC's Queensland operations.
- Arrow Energy: Arrow Energy is a Queensland-based CSG producer jointly owned by Shell and PetroChina, making it a direct sibling under the same parent as QGC. It operates similar CSG acreage in the Surat and Bowen basins and is a fellow Shell-affiliated gas business in Queensland.
Broad incumbents
- Woodside Energy: Woodside is Australia's largest dedicated LNG operator, running the Pluto, North West Shelf, and Browse LNG facilities. While primarily offshore-conventional rather than CSG, it competes directly with QGC for Asian LNG buyers and operates at a similar scale from an Australian base.
- ConocoPhillips: ConocoPhillips is a major US-based oil and gas independent with a 47.5% stake in APLNG (Origin Energy operates). Its Queensland CSG exposure makes it directly comparable to QGC's upstream economics in the Surat Basin.
- Chevron Australia: Chevron operates the Gorgon and Wheatstone LNG projects in Western Australia and is a top-tier global LNG exporter. Although focused on offshore conventional gas, it competes with QGC for long-term Asian LNG offtake contracts.
- Inpex: Inpex operates the Ichthys LNG project in Australia (with TotalEnergies), a large-scale LNG facility supplying Japanese and Asian buyers. Comparable as a major Asia-Pacific LNG producer with integrated upstream-to-LNG operations.
- ExxonMobil Australia: ExxonMobil is a global LNG leader with Australian interests including the Gippsland Basin operations. As a global supermajor LNG producer, it competes with QGC in international LNG markets and represents a benchmark for integrated upstream-to-LNG operations.
- BP plc: BP is a global supermajor with significant LNG trading and portfolio interests including Australian assets. It competes with QGC for international LNG offtake and represents a comparable integrated global energy major.
Emerging players
- Senex Energy: Senex Energy is a smaller Australian CSG producer focused on the Surat and Bowen basins, supplying domestic gas markets. It is a relevant emerging player in the same CSG geography as QGC, though without LNG export exposure.
Market position
Strengths4 records
Competitive moat4 records
Key highlights6 records
Customer concentration
QGC social profiles
Digital presenceQGC financial estimates
Financial estimateRevenue estimate
Valuation estimate
QGC leadership team
Management profileNumber of profiles
Profiles1 record
QGC subsidiaries and ownership
Company hierarchySubsidiaries1 record
QGC funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
QGC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about QGC
What does QGC do?
QGC extracts natural gas from coal seam gas deposits in the Surat Basin of southern Queensland, Australia, and processes it through compression stations and processing plants. Gas is supplied to the Australian domestic market (industrial customers, utilities, and commercial enterprises) via pipelines, and also liquefied at QGC's two-train LNG plant on Curtis Island for export to international markets. Marketing and trading of domestic gas is handled by the Walloons division on behalf of the Queensland Curtis LNG venture.
Is QGC a public or private company?
QGC is a private company. It is classified as corporate owned and is currently operating.
When was QGC founded?
QGC was founded in -1. It employs 5,001 to 10,000 people.
Where is QGC based?
QGC is headquartered in Brisbane, Australia, in the Oceania region.
How does QGC make money?
Two revenue lines are on record. Natural Gas Sales are the primary driver. The others are LNG Export.
Who are QGC's main competitors?
Direct peers on record are Santos, Origin Energy and Arrow Energy. Broad incumbents are Woodside Energy, ConocoPhillips, Chevron Australia, Inpex, ExxonMobil Australia and BP plc. Senex Energy is listed as an emerging player.
Does QGC have an API?
No public API is recorded for QGC.
What industry is QGC in?
QGC's product category is Natural Gas Exploration and Production. Its primary akta.pro industry code is EUAAAAAD, Coalbed Methane (CBM) / Coal Seam Gas (CSG), with a secondary code of EUALAFAA, LNG Liquefaction Plants (Onshore & FLNG). Its NAICS code is 211130 and its SIC code is 1311.