Basslink

APA acquires $99m in debt for Basslink 

APA Group has announced it has acquired the debt of Nexus Australia Management, the borrowing entity for Basslink. The company has acquired the face value of approximately $99 million in debt, provided at a discount. Basslink owns and operates the 370 km high voltage direct current electricity interconnector between Victoria and Tasmania. As the only electricity interconnector between …
AGIG CEO Ben Wilson. Image: APGA

AGIG: 10 per cent hydrogen in gas networks by 2030

According to the Australian Pipelines and Gas Association (APGA), gas transmission and distribution companies are already preparing for dramatically lower emissions, setting ambitious targets to mix hybrid gases in their systems before 2050.  Australian Gas Infrastructure Group (AGIG) chief executive officer (CEO) Ben Wilson spoke at this year’s 2021 APGA Virtual Convention where he told …

Origin renews gas supply deal

Origin will continue to supply gas to the South Australia power station for another four years, with the new term to begin on 1 July 2020. The deal is a renewal of the three year agreement the two companies signed in 2017, which saw Origin supply gas to Engie’s second Pelican Point unit which creates …

New deal increases airport jet fuel storage

The Melbourne Airport Joint User Hydrant Installation (JUHI) JV is operated by target=”_blank”>ExxonMobil subsidiary Mobil Oil Australia on behalf of BP, Caltex, Viva and Mobil. Today, Victorian Minister for Industry Energy and Resources Lily D’Ambrosio MP announced the commissioning of two new jet fuel tanks and associated infrastructure at the Tullamarine, Victoria site. The new …

ARENA to fund renewable ammonia plant

Queensland Nitrates Pty Ltd (QNP) will use the funding to assess the feasibility of the construction and operation of a renewable ammonia plant, located at the existing facility near Moura, Queensland. Under the proposal, the plant will produce 20,000 t/a of ammonia from 3,600 t of renewable hydrogen and provide up to 20 per cent …

LNG from Prelude too hot

Shell’s giant LNG project located off the coast of Western Australia has now shipped five LNG cargoes since its maiden export earlier this year, but according to The West Australian the heating value of the gas has been as high as 1,170 btu/scf (43.59 mj/m3). This temperature is too high for China’s gas market, while …

AGL buys Perth Energy

AGL purchased 80 per cent of the company from Infratil and the remaining 20 per cent from Hoperidge in a $93 million deal, which will see it acquire Western Australia’s third largest gas and electricity retailer. Perth Energy also owns and operates the 120 MW Kwinana Swift dual fuel, fast response open cycle gas turbine …

Woodside and Chevron supplying mining venture

Both companies have signed gas supply agreements with the Worsley Alumina Joint Venture (JV), which involves the mining of bauxite and conversion into white alumina powder at its refinery. Chevron will supply approximately 60 PJ of gas to the refinery over the term of its agreement which has not been specified. Woodside has been contracted …

Kawasaki begins $400m hydrogen trial

With its Melbourne subsidiary Hydrogen Engineering Australia, Kawasaki will build a terminal at the Port of Hastings that will convert hydrogen gas made from brown coal into liquified hydrogen, which will be stored and loaded into a specialised marine vessel for export to Japan. The state and federal governments have given $50 million each to …

JV signs gas supply deals

Last week, the Queensland Government awarded the JV the authority to prospect an 18 km2 block located 22 km southwest of Chinchilla, with the CSG produced from the acreage to be supplied exclusively to Australian manufacturers. Now it has been revealed the JV has signed gas deals with Orica to supply the company’s Yarwun explosives …