Thursday, January 19, 2012

Eight LNG plants should be enough, says Martin Ferguson · BY:MATT CHAMBERS · From:The Australian


Eight LNG plants should be enough, says Martin Ferguson
http://www.theaustralian.com.au/business/mining-energy/eight-lng-plants-should-be-enough-says-ferguson/story-e6frg9df-1226246795339

THE Gillard government says it will discourage more onshore standalone liquefied natural gas plants, apart from the controversial Browse project planned near Broome and another potential Gladstone plant, with six LNG hubs in northern Australia seen as enough.

At the same time, Exxon Mobil has given a downbeat assessment of its Scarborough LNG joint venture with BHP Billiton - another potential west coast LNG development - flagging high potential development costs.

Federal Resources Minister Martin Ferguson said those hubs, along with Broome if the Woodside Petroleum-led joint venture decided a plant there was economic, were an "ideal end result".

Analysts are forecasting Browse will be developed at the existing North West Shelf site...

No comments:

Post a Comment