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Northern Gas Pipeline completion brings relief to Australia's east coast gas, LNG stakeholders
Australia's gas-hungry east coast market has, for the first time, been linked to the country's Northern Territory after the completion of the Northern Gas Pipeline, the Queensland state government said Friday, adding that commercial operations are set to begin later this month or early January. The milestone brings further relief to east coast gas consumers, following ExxonMobil's announcement Thursday that it had made a final investment decision to develop the West Barracouta gas field in Bass Strait, offshore Victoria, which will bring new gas supply into Australia's domestic market by 2021. However, it raises ... (full story)