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Gas Week |
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Gas Week |
More Recent News: 0 1
A quick run over the calculator showed if BBP succeeded in closing draft deals to sell Uranquinty, $159m, and Ecogen interests, (Newport and Jerralang), for $142 million; Tamar for $100m, then, it and now needed maybe $41 million, to keep lenders happy. Kwinana and Neerabup projects were perhaps prospects for sale. In these planned deals UBS was to deal with conflicts of interest, under a new plan from the changed board under leadership of Len Gill.
(Full Article)David Bartlett, Premier of Tasmania, Tuesday, 19 August 2008 told the opening session of Parliament why the State Infrastructure Fund had offered Babcock Brown Power $100 million for two Bell Bay gas plants
(Full Article)David Bartlett, Premier of Tasmania, told Parliament at the opening session, 19 August 2008, on 19 July State planners had learned that Babcock and Brown was unable to pay its debts on the Tamar project and was not able to find a buyer; and it had offered the plant to the State.
(Full Article)The plan was Hydro Tasmania would get the gas turbine site it had sold to BBP back for $30 million cash in 2007 - for free, and would pay $100 million for assets - said were worth $220 million - for the uncompleted Tamar plant.
(Full Article)If the deal goes through a new subsidiary of Aurora Energy would acquire the partly-built Tamar Valley Power Station project on behalf of the State, from Babcock and Brown Power.
(Full Article)NEMMCO was to host a global meeting in Sydney in October 2008 on integration of gas and electricity markets, renewable energy and emissions trading, and the integration of physical and financial market risk management.
(Full Article)Powerlink was to seek a Ministerial designation for the Ross to Strathmore transmission line under the Integrated Planning Act 1997 as there was not enough local gas for electricity generation.
(Full Article)Whilst desktop studies from the DEWHA protected matters search tool revealed 6 threatened, and 12 migratory species in the area of a proposed 3D siesmic survey near Ashmore Reef, Hibernia Reef, Seringapatam Reef, Scott Reef and Cartier Island. Total had argued the impact on the majority of these species will be minimal.
(Full Article)The Shell Guacamole 2D Marine Seismic Survey - 25 km west of mainland Western Australia. - will take place over an estimated 45 day period (allowing for mobilisation and demobilisation) between November 2008 and March 2009, subject to vessel availability and regulatory approval. Shell is committed to undertaking the survey outside the main whale migration and whale shark aggregation period from late March to mid October.
(Full Article)The proposed 'missing link" pipeline will transport coal seam gas (CSG) for various shippers via the South West Queensland Pipeline (SWQP) and the Queensland to South Australia / New South Wales Link Pipeline (QSN Link), the Moomba to Sydney Pipeline (MSP) and the Moomba to Adelaide Pipeline (MAP). The map - shows the AGL investments.
(Full Article)Nextgen reported in the Queensland GEC market one midweek trade took place in the Cal 08s at $10.75 in 25K. Erisk notes that this appears to relate to an oversupply caused by new coal seam methane.
(Full Article)Over the Counter, or OTC trading in Australian Emissions Trading Units started in May this year.
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