Tuesday, April 9, 2013

Gas hub in the balance but one source said, “It will not happen” | The Stringer

Gas hub in the balance but one source said, “It will not happen” | The Stringer:
It has been a good fight by the Kimberley residents and environmentalist groups and by the Goolarabooloo Elders, Theresa, Joseph and Philip Roe and Elder Richard and Errol Hunter. If it wasn’t for their public stances, the picket lines at James Price Point (Walmadany), and Walmadan Tent Embassy the board members and executives who are concerned about public perceptions may well have kept quiet.

Some believe that it’s over – that the venture group will decide to go with the cheaper offshore flotilla option but don’t believe it. Our sources tell us it may go either way. Federal Resources and Tourism Minister Gary Gray, a former Woodside executive, is pushing for the offshore option. He is in the know and therefore he knows it has every chance of getting up. Premier Barnett is pushing for the onshore option and he too is in the know so he well knows that there is a good chance his preferred option gets up.

3 comments:

  1. Japan has debt at 240% of GDP.India cannot sell gas to its poor people at high prices.

    Japan,India and the Phillipines must secure gas at lower prices.

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    India seeks preferential access to US LNG export projects at Henry Hub prices

    Monday, 08 April 2013


    India is urging the US to give it more access to planned LNG export projects as it seeks more supplies linked to the US natural gas Henry Hub benchmark price.

    ...


    THIS WEEK: Japan's LNG CIF cargo prices expected to ease in the year ahead

    Tuesday, 09 April 2013


    Japanese LNG CIF cargo prices are expected to ease off in the coming 12 months after rising over the last three years by 18 percent, 28.4 percent and 8.8 percent to be currently around $710 per tonne as demand has found a new level to replace nuclear power.

    ...


    US now possesses largest recoverable natural gas resources for LNG exports

    Tuesday, 09 April 2013


    The United States now possesses the largest technically recoverable natural gas resources in its history of 2,384 trillion cubic feet as it embark on its LNG export programme from more than 20 active projects around the nation.

    ...


    Foreign companies have invested $26Bln in US shale to make LNG exports possible

    Monday, 08 April 2013


    Investment in shale plays in the US totaled $133.7 billion between 2008 and 2012, as part of 73 deals and joint ventures by foreign companies accounted for 20 percent of the investments, the US Energy Administration said.

    Through these agreements, U.S. operators get financial support, while foreign companies gain experience in horizontal drilling and hydraulic fracturing that may be transferable to other regions, according to EIA

    ...

    The Department of Energy (DOE) of Philippines is working on securing LNG supply from Canada and Brunei but would have to study first a pricing scheme that would translate to lower gas rates for the consumers...“I want to get involved in the pricing scheme for LNG. We have no facility now so I want to find out where we are in terms of pricing,” he added.

    ...

    Every day major new discoveries are made and new pipelines planned.

    Yamal – Europe-2 gas pipeline with the annual throughput of no less than 15 billion cubic meters of gas would run towards Slovakia and Hungary via Poland. A feasibility study for this project is expected to be available within six months.

    The gas pipeline will allow increasing transit capacities of gas supplies to Poland, Slovakia and Hungary as well as reducing transmission costs. In addition, the project will enable to build up the volumes of Russian gas exported to the countries of Central Europe.

    ...

    MOSCOW - Russia's natural gas monopoly OAO Gazprom and the Netherlands' Royal Dutch Shell PLC have agreed to jointly explore and produce offshore hydrocarbon resources in the Russian Arctic, Gazprom said in a statement released late Monday.

    ...

    Cub Energy Inc. announced the Makeevskoye-16 (“M-16″) well has tested significant volumes of natural gas from a new pool gas discovery on the Makeevskoye Licence in Ukraine.

    ...

    Heerema Fabrication Group of the Netherlands has been awarded the engineering, procurement, construction and installation contract for the 6,000-tonne Alba gas field compression platform as part of the Equatorial Guinea LNG project.

    ..

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  2. What needs to mentioned here is we are not 50/50 about stopping this beast. It will not happen 100%

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  3. 100%.

    Those tax haven plotters at the KLC must be spewing,the ATO is on to them.

    Tax Havens

    Since the commencement of Project Wickenby, there has been a 22 per cent decrease ($12 billion) in funds funneled from Australia to 13 identified tax havens or “secrecy jurisdictions” around the world, including Switzerland, VANUATU, Hong Kong, Cyprus, Luxembourg, Panama, the Seychelles and Lichtenstein.

    The Australian Transaction Reports and Analysis Centre (AUSTRAC) keeps tabs on the money moving through banks and other channels. AUSTRAC reported that about $5 billion has flowed back into Australia from those 13 identified tax havens since Project Wickenby began.

    Carol Martin and her KLC tax swindlers must be investigated by all relevant authorities.

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