News

Petronet India to be sold

The company has been put on the block and if there are no buyers, the board would decide on how to dismantle the equities held by the various companies. Petronet India chairman AM Uplenchwar said that
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Sakhalin-1 pipeline being built

The 225 km pipeline will transport crude oil from the Chayvo field westwards across Sakhalin Island and the Tatar Strait to the DeKastri terminal in the Khabarovsk Krai. The pipeline has capacity to transport
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WA Opposition “to keep lights on”

The plan includes: – Immediate start to construction of a 300MW coal-fired power station in Collie (Collie B), built and owned by Western Power; – Allowing Western
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Mosaic and Santos to drill at Churchie Gas Field

The Churchie Field is located in southeast Queensland and covers 90 km sq. Gas from the field flows via a Mosaic owned pipeline to the Wallumbilla trunkline. The main wells on the field are Churchie-2,
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Unocal signs $US230 million gas deal in Bangladesh

The agreement stipulates Unocal’s initial minimum production volume as 200 million cubic feet of gas per day from late 2006. At the end of 2008, minimum production sales volumes increase to 400
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Petronet LNG to hire three more LNG tankers

The energy group has offered global tenders for time-chartering three tankers as well as for engineering, procurement and construction contracts for the expansion of the Dahej and Kochi terminals. The
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Indian Government to raise natural gas prices

The price of natural gas will rise from Rs 2,850 ($US63.06) per thousand cubic metres (tcm) to a fixed priced of Rs 3,200 ($US70.80) per tcm for fertiliser plants and Rs 3,600 ($US79.65) per tcm for power
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Otway Gas Plant Construction awarded to Vetco Aibel

The plant is part of the Otway Gas project which involves the development of the Thylacine and Geographe gas fields, located offshore south western Victoria. Woodside is the operator of the project which
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