How much did the 99-year lease of Abbot Point Terminal 1 cost?
The 2011 Abbot Point Terminal 1 transaction granted Adani a 99-year lease over Queensland's X50 coal-export terminal. The terminal, now known as North Queensland Export Terminal, sits near Bowen and connects rail in-loading and stockyards to two offshore berths by a 2.75-kilometre trestle jetty. This record measures the lease transaction, not the terminal's original 1981β1984 construction or a later expansion.
Contract value
AUD 1.829 billion
Approximately $1.89 billion
Cost basis: 2011
Cost record
How the cost changed
Budgets, contracts and final costs may cover different stages. Each figure keeps its own year and source.
Contract value
2011AUD 1.829 billion
Approximately $1.89 billion
adaniports.comFinancing amount
2012AUD 1.25 billion
Approximately $1.29 billion
adaniports.comProject metrics
Key dimensions
- Total lengthAbbot Point Operations
- 2,750 m
- Annual cargo tonnageAbbot Point Operations
- 50,000,000 TONNES_PER_YEAR
Project record
3 May 2011