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WHAT is another Probability with regards to Andrew Forrests Port...

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Apolloz

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25/06/24

09:11

Post #: 74472046
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Originally posted by Apolloz: ↑

https://www.theguardian.com/australia-news/article/2024/jun/25/very-serious-gas-supplies-in-southern-states-under-pressure-analysts-warn

‘Very serious’: gas supplies in southern states under pressure, analysts warn
‘Threat notice’ flags elevated supply risks, as expert warns problems will get worse without urgent addition of more backup resources
..........
Worried about gas supplies inVictoria, Rick Wilkinson, the chief executive of consultants EnergyQuest, described the situation as “very serious” and he predicted the state would “need a backup” to handle peak winter gas demand from 2026..............
......
“This is very serious,” Wilkinson told Guardian Australia. “The main reason is we have lost about 200-300TJ/day out of Longford compared with a year ago” as the gasfields deplete.

Still, the present strains provide near-term challenges to the energy sector in eastern Australia far removed from the federal opposition’s contentious plan for Australia to haveseven nuclear power plantssome time after 2035..........

One option had been to complete Andrew Forrest’s Port Kembla gas-import facility, which is 90% finished. But a regasification vessel that could have enabled the importation had headed instead to Egypt after local contracts had not been signed, Wilkinson said. Another probably won’t be available for a further 18 months.......

Stepping up output from existing gasfields would probably provide only “marginal” extra gas, while new fields would take years to develop, he said.

WHAT is another probability???

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WHAT is another Probability with regards to Andrew Forrests Port Kembla????? I WONDER????????

might be talking about another regas vessel???

Last edited by Apolloz: 25/06/24

BPH Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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WHAT is another Probability with regards to Andrew Forrests Port...

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

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GreenX picks up prospective copper project in Germany

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Buyers (Bids)

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WHAT is another Probability with regards to Andrew Forrests Port...

Top Stories

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Is oil undervalued?

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

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Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Featured News

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