CORRECTION: The original APA MOU of 21/10/ 2020 was for a...

CORRECTION:

The original APA MOU of 21/10/ 2020 was for a proposed pipeline of 152km. [ref]
The update last June indicated the revised plan was for a pipeline “less than half the length”

“The Proposed Pipeline is less than half the length of the gas pipeline originally proposed in the **anintha Definitive Feasibility Study, which is expected to result in lower gas transportation charges than previously anticipated. ​

It also provides optionality to source gas from the emerging Perth Basin via the NGI that may further reduce the project's gas transportation charges.​

The works to be completed by APA Operations under the EWA will focus on access for the Proposed Pipeline corridor, including preparation of licences, initial engineering design and preparation for procurement of long lead items (the Early Works). It is envisaged that the Early Works will be completed over the course of 2022 to ensure that the construction of the Proposed Pipeline is completed in line with TMT's proposed MTMP development schedule.​

In parallel with the Early Works TMT and APA Operations will progress the negotiations of the associated development and gas transportation agreements for the Proposed Pipeline​

The progression of the Early Works by APA Operations for the Proposed Pipeline is a key component of TMT's strategy to further progress the implementation of the MTMP, which TMT anticipates will provide energy certainty for the world's next large scale primary vanadium mine.”​

So that’s a bonus - not just for transportation charges but for building costs..
If it cost $460m to build the 580km NGI pipeline (Is that about $795,000 a km?)
then the revised spur at around 70km (??) will cost .. er .. a LOT!
But maybe TMT does not need a grant because APA bears the installation costs?


cheers