Heightened media speculation about possible tax changes that may be announced in the context of the upcoming Federal Budget will do nothing to enhance the confidence of investors in the Australian economy. Australia’s long-term economic prosperity is fundamentally dependent on investment in industries such as oil and gas. Not only will investment sustain growth in [...]
The Center for Liquefied Natural Gas (CLNG) released the statement with regard to the April 24 explosions that engulfed two barges in flames in Mobile, Alabama: “Our sincerest sympathies go out to the victims who were critically injured during the tragic barge explosions in Mobile, Alabama on Wednesday evening. “At the same time, CLNG would [...]
The Minister for Resources and Energy, Gary Gray, has welcomed the recent announcement by the Northern Territory Government not to adopt a gas reservation policy. “I am pleased to see the Northern Territory Government taking a common sense approach to this issue,” Mr Gray said. “As the Australian Government has repeatedly stated, gas reservation policies [...]
Billions of pounds for home insulation from ECO is going unspent due to lack of national strategy to ensure this ECO money is spent and jobs are created in local communities. GMB, the union for energy workers, commented on the prospect for energy prices over the coming few years following the review by Ed Davey [...]
An independent report by Ziff Energy Group of Calgary has concluded that Liquefied Natural Gas (LNG) or the Grand Banks pipeline option are not viable alternatives to replace the existing oil-fired Holyrood Thermal Generating Station. Report was released at a news conference in St. John’s held by the Honourable Jerome Kennedy, Minister of Natural Resources. [...]
November 9, 2012 | Posted in
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Turkey does not plan to reduce imports of natural gas from Iran, Turkey’s Energy Minister, Taner Yildiz announced. “Turkey does not plan to reduce gas supplies from Iran, as the EU sanctions against Iran will not cover existing contracts,” Yildiz said. Iran and Turkey signed a 25 year agreement to supply 10 billion cubic meters [...]
November 6, 2012 | Posted in
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Without public servants, the $15 billion Pluto LNG project wouldn’t have happened, the Minister for the Public Service and Integrity, Gary Gray, said in Canberra. Without public servants, he said, more than 400 indigenous people made homeless by tropical flooding in the Kimberley would not have been relocated 200 kilometres away in a new townsite. [...]
The Center for Liquefied Natural Gas (CLNG) released the statement regarding the explosion of a truck carrying liquefied petroleum gas (LPG) in China on Monday. “Our sincerest sympathies go out to the victims and the families of the victims who were killed or injured during a tragic gas explosion from an overturned truck that occurred [...]
Sanctions imposed against Iran will not affect the IP gas pipeline project and therefore Pakistan will continue to pursue it, Pakistan’s Minister for Petroleum and Natural Resources Asim Hussain said. He went on to say that, Pakistan is determined to complete the Iran-Pakistan gas pipeline despite the sanction imposed against Iran, IRNA reported. According to [...]
Australian LNG giant Woodside Petroleum Ltd., said its Browse LNG project will not be delayed by a court ruling that land acquisition notices were illegal. “We do not believe that this result will impact on the project schedule,” Woodside said in a statement. Yesterday, Supreme Court of Western Australia, ruled that the State Government’s plan [...]
