LNG more viable than liquid fuel

A key factor in determining the best option will be transportation costs, with Pasria indicating that in importing countries LNG utilisation should be close to the port of discharge. Chief Geologist of Oil India Limited, S Rath, noted that the Indian gas market had a bright long term future due to the developments being undertaken …
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TAP feasibility study completed

Pakistani Petroleum Minister Nouraiz Shakoor noted that the report of the pipeline will be finalised after necessary consultations and amendments proposed by the concerned countries during the next six months. However the Pakistani newspaper, DAWN, has reported that Mr Shakoor expressed displeasure over the findings of the feasibility study of the project consultant, Penspen Consulting, …
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Thai Cabinet approves $US2.6 billion pipeline investment

The TH 104.83 billion baht ($US2.6 billion) investment for the period spanning 2001-2011, is geared towards providing facilities to meet growing natural gas demand in the future, said Energy Minister Prommin Lertsuriyadej. "The revision budget is to serve growing gas demand," said Mr Lertsuriyadej. The country’s natural gas demand is projected to reach 4.83 billion …
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GAIL plans involvement with Philippines

GAIL chairman and managing director Proshanto Banerjee said a Memorandum of Understanding was signed earlier in September with the Philippines for cooperation in many areas. Following that a team from GAIL went over to the Philippines in the last week of November to discuss the issues with the Filipino Department of Energy. The team from …
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WA Premier predicts US gas deals

Returning from his recent visit of the US, where he discussed plans to market gas from the Gorgon gas field, Dr Gallop said the US Government planned to increase its use of liquid natural gas in the country’s energy system, and Australia was in a position to meet that demand. Dr Gallop noted that the …
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BP, Sempra to sign Tangguh LNG sale deal

The deal with Sempra will be a boost for the Tangguh project, which is being developed in the remote jungles in West Papua Province by a consortium led by BP. Mr Yusgiantoro has also announced that later this week he will hold further talks with Japanese buyers on a possible extension of current contracts, which …
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Wimmera Mallee Pipeline Tender

Copies of tender documents can be obtained from Lorinda Hetherton (03 5362 0244). Tenders are to be marked “Tender Box – Contract No CWM 317” and are due by the noon on Wednesday 17 December 2003.
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ACCC issues final approval for Moomba to Sydney gas pipeline

“In response to the ACCC’s Final Decision, EAPL submitted a revised access arrangement on 23 October,” ACCC Chairman, Mr Graeme Samuel, said today. “This revised access arrangement did not fully comply with the amendments required in the decision. As a consequence, the ACCC has drafted and approved its own access arrangement as required under the …
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Transfield has final confirmation for new WA power station

This achievement is the culmination of a tender process in which Transfield Services successfully competed against a number of domestic and international power industry participants. Electricity output of 260 MW from the station will be sold to Western Power Corporation under a 25 year power purchase contract. Under this contract, the power station is not …
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Epic to cut losses to secure gas deal, sale

According to a leaked Western Power report, the commercial negotiations with Epic involve the dropping of $A22 million in accrued billing claims against Western Power, although the regulatory outcome would still apply. According to The Australian Financial Review, it is also understood that Epic has offered to drop its disputed billing claims against Alinta, another …
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