As I said, as a government, we remain committed to the onshore processing of gas in the Kimberley region and to the delivery of benefits to the Kimberley traditional owners. We will continue to work to attract a foundation proponent for the precinct. The government will acquire the land near James Price Point to secure a project-ready precinct. This will provide greater security for the state, the traditional owners and for any future proponent in reaching a final investment decision. Upon taking the land, the state government will provide benefits of $31 million to the Goolarabooloo–Jabirr Jabirr and it will honour all its commitments under the agreements and will deliver all benefits payable under those agreements.
To conclude, as I said, yes, I understand the Premier and the government have acknowledged that things could have been done better in this process. We do not recoil from that. The simple fact of the matter is that the intent of the project to do onshore processing was sound and would have ensured we had security of supply of natural gas for Western Australians and Australians with the associated financial benefits that would also have flowed to the traditional owners and the Aboriginal people in the region and throughout the north west of the state. As I said, when I met with the GJJ on a couple of occasions, I was very conscious of the divide that existed through the KLC, in particular. There was diversity of opinion but the majority of TOs were very supportive of the project, mindful of the significant financial, social and economic benefits it would provide to their people. I have spoken to several of them since and they are very disappointed that that project did not proceed in its intended form.
As I said, the state government remains committed to onshore processing. We do not think it is necessary to have an inquiry into this project. There has been full disclosure and transparency and for that reason the government will not support the motion.
"As I said, the state government remains committed to onshore processing. We do not think it is necessary to have an inquiry into this project."
ReplyDeleteNO....but they are having an enquiry into FLNG where Woodside are getting a good grilling.
Canadian Minister says nation expects to export 60 MTPA of LNG to Asia by 2020
ReplyDeleteWednesday, 16 October 2013
Canada expects to export about 60 million tonnes of LNG annually by 2020, more than previously estimated, Canadian Minister of Natural Resources Joe Oliver told the 22nd World Energy Congress in Daegu, South Korea.
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Minister Promotes Canadian LNG at World Energy Congress
Canada’s Minister of Natural Resources Joe Oliver on Tuesday delivered a keynote speech at the World Energy Congress in Daegu, South Korea. Minister Oliver took this opportunity to promote Canada as a secure, responsible supplier of energy, particularly liquefied natural gas (LNG), to Asia.
“Expanding and diversifying our energy exports is a top priority of the Canadian government,” said Minister Oliver. “Canada has an emerging LNG industry and a strategic imperative to become an important supplier of energy to Asia.”
Canada is the world’s fifth-largest producer of natural gas, with recoverable gas resources approaching 1,300 trillion cubic feet — some 200 years of production at current rates.
The Minister also highlighted that about $650 billion in new investment is planned or underway over the coming decade in hundreds of major resource projects in Canada.
During the Congress, Minister Oliver met with his counterparts and Asia-based companies to promote Canada’s abundant energy resources, as well as its streamlined regulatory regime, world-class environmental standards, strong economic fundamentals, welcoming environment for investment and world-leading clean energy technologies.
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KOGAS May Sell Canada LNG Stake
KOGAS of South Korea, world’s largest corporate buyer of LNG, said that it may sell 5 to 10 percent of the company’s 20 percent stake in the Canada LNG project.
The project will be constructed in phases, with the first phase having a design capacity of 12 mtpa of LNG, with an option to expand the project in the future to approximately 24 mtpa.
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USA: Magnolia LNG Files for Additional Export Approvals
Liquefied Natural Gas Limited said that its 100% owned subsidiary Magnolia LNG has applied to the United States Department of Energy (DOE) for additional export approvals.
Magnolia LNG has applied to the United States Department of Energy to:
- Export up to 8 million tonnes per annum (mtpa) of LNG from the proposed Magnolia LNG Project in Lake Charles, Louisiana to countries that do not have a Free Trade Agreement with the United States, and
- Export an additional 4 mtpa of LNG to countries that currently and in the future may have a Free Trade Agreement (FTA) with the United States.
The DOE already granted Magnolia LNG authorization to export up to 4 mtpa of LNG to FTA countries in February 2013.