QGC

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.

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

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

• Natural gas production
• Coal seam gas extraction
• LNG liquefaction
• LNG export operations
• Domestic gas supply

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D

Revenue model

1. Natural Gas Sales: Production and sale of natural gas to the Australian domestic market including industrial customers, utilities, and commercial buyers.
2. 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

Core 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)

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves6 records

Expansion highlights3 records

Direct 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

• Xtwitter.com/Shell_Australia
• YouTubeyoutube.com/user/Shell
• Facebookfacebook.com/ShellQGC
• LinkedInlinkedin.com/company/qgc
• Instagraminstagram.com/shell

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about QGC