Mines and Petroleum Minister Bill Johnston

Gallagher backs national interest tests

Speaking at the conference in Adelaide yesterday, Mr Gallagher said the industry needs to be willing to fight to show the benefits of an LNG industry, while also supporting a gas reservation policy in
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Central spuds Mereenie well

Spudded last night, the well is being drilled by Ensign Australia using its Ensign 932 drilling rig. The well aims to access the known gas that exists in the Stairway Formation, which overlies
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PRRT used as a bargaining chip

Industry sources have told the AFR that changes to the PRRT didn’t appear in the 2018-19 Budget in order to be used as a tool to negotiate with Pauline Hanson’s One Nation, who have
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Equus moving forward

Basis for design for the development of the project has been completed, with Western Gas issuing a request for proposals to secure a world-class development partner. Project development services being
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INPEX targets startup this month

Trial operations at the project’s offshore central processing facility (CPF) will be completed by the end of the month, followed by the first production of gas, Inpex Senior Managing Executive Officer
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Iona upgrade underway

The storage expansion project involves drilling an additional well at Iona, which will help secure more reliable natural gas supplies and mitigate short-term price peaks, such as in winter. Underground
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APLNG scheduled for shut down

Maintenance works on half of the train will be undertaken from July 17 to July 22, followed by two similar outages on August 21-26 and September 11-17. The AEMO notice states that the shutdown will affect
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ACCC releases final retail electricity pricing report

The inquiry, which was commissioned in 2017 by Federal Treasurer Scott Morrison, found that the onshore gas bans, in addition to LNG exports from eastern Australia, have increased the price of the commodity
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