National gas can power hydrogen future, says APPEA

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APPEA has welcomed the announcement that the Australian Government will advance the development of a national hydrogen strategy as the first step to developing a valuable new industry for the nation. “There is tremendous interest globally in hydrogen as a new, cleaner fuel.  Australia is well placed to capitalise on our already abundant natural advantage,” said APPEA Chief Executive Dr Malcolm Roberts. The Hydrogen Strategy Group, chaired by the Chief Scientist, Dr Alan Finkel AO, has highlighted the opportunity for Australia to export liquefied hydrogen alongside liquefied natural gas (LNG) to meet the growing demand for cleaner energy across the…

‘LNG import terminals critical to combatting Sydney-Melbourne gas shortage’

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LNG import projects are urgently needed in both Melbourne and Sydney to counter the risks of a growing shortage of gas in the southern states, according to a major energy report released today. Based on new modelling by independent energy consultancy, EnergyQuest, gas production in the southern states (NSW, Victoria, South Australia and Tasmania) starts to shortfall demand by 2022. By 2025, the report forecasts that annual gas production offshore Victoria will more than halve from current levels, dropping to 146 petajoules (PJ) from 336 PJ in 2018. Supply from Queensland would need to increase to nearly one third of…

Searcher announces acquisition of Triok 2D Seismic Survey in PNG

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Searcher Seismic, in cooperation with BGP, was pleased to announce the expansion of its modern offshore data library with the completion in acquisition of the Triok Broadband Non-Exclusive 2D Seismic Survey in the Northern Basins of Papua New Guinea. Following the successful acquisition of the Solomon Sea Non-Exclusive 2D in the Northern Basins of Papua New Guinea, the Triok Broadband Non-Exclusive 2D Seismic Survey comprises of 3,845 kilometres of 2D long-offset, high-resolution, broadband seismic and offers an extensive regional coverage of the Cape Vogel Basin and Huon Gulf. Andrew Weller, Asia-Pacific Manager for Searcher Seismic, said the survey will be…

Gas resource upgrade adds impetus to “idle” Queensland gas province

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The potential for Queensland’s Bowen Basin to be a major contributor to Australia’s diminishing east coast gas supplies has received a further timely boost with a significant resource upgrade announced by Brisbane-based Blue Energy Limited (ASX: “BUL”). The upgrade – from the Company’s Northern Bowen Basin gas fields – comes amid continued analysis of the parlous state of gas supply to east coast consumers and now the forecast potential for reduction in LNG export volumes from Gladstone from 2025, due to lower than expected field gas supply to the six LNG export trains. Blue Energy’s CEO and Managing Director, Mr…

Leigh Creek Energy operations breakthrough unlocks huge reserve

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Leigh Creek Energy (LCK) has extracted commercial quantities of synthetic gas (Syngas) at its former Leigh Creek coal mine site for the first time. In a development touted as a “boon for the South Australia”, Leigh Creek said the milestone achievement provides the company with the data and evidence it needs to have a portion of its ‘resource’ gas deposit just north of Leigh Creek in the state’s far north, upgraded to gas ‘reserve’ status. “The upgraded status will enable the company to access SA’s largest gas resource for commercial development outside the Cooper Basin. “The production success also makes…

Senex achieves Roma North construction milestones

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Senex Energy has achieved major construction milestones at the company’s Roma North natural gas development in south-west Queensland. Roma North is part of Senex’s Western Surat Gas Project and is about 30km north-east of Roma. The development involves construction of a natural gas processing facility and a 5.2km steel pipeline to transport gas to the customer, Santos GLNG. Construction of the gas processing facility is quickly taking shape. Civil works are complete and four gas compressors, each weighing up to 40 tonnes, were delivered and lifted into position in the past few days. More than 520 steel piles have been…

Australia’s newest major natural gas pipeline commissioned ahead of schedule

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Australia’s newest major natural gas pipeline project – built by the Australian Gas Infrastructure Group (AGIG) to deliver gas to fuel the power stations at Newmont Mining Corporation’s Tanami gold mine in the Northern Territory – has been commissioned ahead of schedule. AGIG’s Chief Customer Officer, Mr Andrew Staniford, announced that the NT Government had granted the milestone final consent for AGIG to operate the pipeline and for Newmont to take gas for its Tanami mining operations. “We have now commissioned the pipeline and gas is already flowing into Newmont’s Tanami mine site,” he said today. Mr Staniford said the…

‘HEADWINDS LOOM FOR QUEENSLAND’s A$84b LNG SECTOR’

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Queensland faces the partial shut-down of a third of its barely decade-old $84 billion LNG industry by the middle of next decade due to a gas supply shortage, together with diversions to the domestic market. This would cut output to four LNG production trains from the current six trains built on Curtis Island off Gladstone by three project owners. Underpinning the production noose is an emerging forward reliance for feedstock on gas reserve estimates that could fall well below delivery expectations, according to a new report by EnergyQuest. All three projects rely on coal seam gas (CSG) sourced from the…

Shell leads capex spend on new global oil and gas projects

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A total new-build capital expenditure (capex) of US$846bn is expected to be spent globally on planned and announced upstream projects from 2019 to 2025. Royal Dutch Shell Plc leads among all oil and gas companies and is expected to spend US$54.6bn on upcoming upstream projects during the forecast period, according to data and analytics company, GlobalData. The company’s report reveals that Gazprom and Exxon Mobil Corp are the next top spenders with new-build capex of US$49.8 billion and US$43 billion, respectively. Soorya Tejomoortula, Oil & Gas Analyst at GlobalData, comments: “Shell has spread its new-build capex for the development of…

‘Bipartisan support will help resources sector dig deeper’

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The peak body for Australia’s 8,000 geoscientists — the Australian Geoscience Council (AGC) — has strongly welcomed commitments from both the Coalition Government and Australian Labor Party to boost support for the exploration of ‘next generation’ hidden mineral deposits in Australia. “While Australia is endowed with significant mineral resources and the resources sector contributes massively to our economy, the ‘easy to find’ minerals of past decades have largely been discovered and exploited” AGC President, Dr Bill Shaw, said. “There is now a need to explore much deeper underground for the nation’s new ‘hidden’ mineral fields.” “Bipartisan support is crucial to…

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