PTTEP revised their expenditures to incorporate thier most recent operations. At present, the company has a total of 24 projects in Southeast Asia and the Middle East, which are either under production,
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PNG optimistic about PNG to Queensland Gas Pipeline Project
On 27 December last year, Governor of the Southern Highlands Province, Hami Yawari expressed the province’s excitement over the project and stated that his Government was prepared to play a significant
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Long-term power generation plan in Western Australia
Minister for Energy, Eric Ripper said that the interest expressed by the various companies illustrated that the Government’s plan to encourage private power generators into the electricity market
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Berwyndale South No. 9 well achieves record level for the Surat Basin
The well is producing gas at a weekly average of 517 thousand cubic feet of gas per day (mcfd), equating to approximately 0.2 petajoules of gas production per annum. According to QGC Managing Director
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Paladin may purchase Timor Sea oil fields as Woodside declines increasing its interest
Woodside was considering exercising a pre-emptive right to acquire BHP Billiton’s stake in the Laminaria and Corallina oil fields, which BHP agreed to sell to Edinburgh-based Paladin. Woodside decided
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Russia picks Japan for pipeline route
Japan and China had been lobbying intensely for their preferred pipeline routes. It is anticipated that the long-awaited decision to adopt the Japanese-proposed route, over one which would have favoured
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China’s West-East Gas Pipeline Project begins commercial operation
The completion of the pipeline, which is owned and operated by PetroChina, was officially announced in a ceremony in Beijing on 30th December. China’s President Hu Jintao attended the ceremony,
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CNOOC forms joint venture to run LNG project
CNOOC will hold a 45 per cent share in the terminal and Shanghai Shenneng Group’s share will be 55 per cent. The joint venture project will include an LNG terminal with an annual capacity of 3
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High hopes for Trans-Thai Malaysia gas pipeline
The pipeline was designed to cater for demand for natural gas among industries in northern Malaysia and in southern Thailand where provinces have experienced a recent growth in industrial-based investments.
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Tsunami Update
Indonesia’s state oil firm Pertamina has stated that its activities will continue and LNG exports will be uninterrupted. LNG shipment to Japan and South Korea will resume, once it is established
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