EWC 0.00% 0.9¢ energy world corporation ltd

update on sengkang lng project

  1. 613 Posts.
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    I understand that the following is correct:

    The land has been purchased.
    Once the necessary independent survey/work aimed at identifying 2P gas reserves has been completed and the relevant Indonesian authorities have been able to study and approve it (scheduled within the next 2 months), EWC and the relevant companies will be able to sign off on the PPA (for the power station expansion of 120MW) and sign the necessary agreements re: LNG sales.

    The ‘Chart trains’ are ready for shipment and will be shipped, once the LNG agreement has been signed.

    EWC will only be able to announce progress on its Sengkang projects, once all these agreements have been finalized.

    I also understand that the QLD government has offered at site to EWC re: its Abbot Point LNG facility.
 
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