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Babcock and Brown unable to pay its debts: begs Tasmania government to buy Tamar gas plant; Government seeks ACCC re-merger-OK

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)


Plan: Tasmania State retailer Aurora to control BBP Tamar Valley Power Station and gas contracts

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)


No PNG gas for far-north gas plants; so, Powerlink says it must build a new far north Queensland line, from Ross to Strathmore

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)


Epic Energy and AGL plan Queensland CSM gas to flow south from January 2009, from Queensland via Moomba line to NSW and South Australia

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)