Saturday, September 24 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Gas News
Today's News
Yesterday's News
Week of Sep 19
Week of Sep 12
Week of Sep 05
Week of Aug 29
Week of Aug 22
By Topic
By News Partner
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Gas News > News Article

    Share by Email E-mail Printer Friendly Print

    SANTOS CLOSER TO GAS PIPE DREAM


    August 12, 2022 - CLARISSA BYE

     

      AUSTRALIAN gas developer Santos has reached a milestone in its bid to bring more gas into NSW by buying out the Hunter Gas Pipeline.

      The planned pipeline, from Wallumbilla in Queensland to Newcastle in NSW, is already approved and passes close to the Narrabri gas project.

      The company said the acquisition was an important step for the long-delayed Narrabri project, which could supply more than half of NSW’s gas once running.

      Santos informed the Australian Stock Exchange on Thursday afternoon. Construction is expected to begin in early 2024.

      Company spokesman Brett Woods said the pipeline would help bring Narrabri gas to the domestic market via a short connection to the main pipeline.

      The pipeline will also be designed to transport hydrogen as customer demand evolves during the energy transition, the company said.

      It comes as federal and state energy ministers meet on Friday over the energy crisis and shortfalls in gas.

      The giant gas pipeline – which will go underground – will be a boon for regional towns in the Hunter, the company says, which will be able to get gas from “offtake points” along the route.

      “The route of the underground pipeline was specifically chosen to ensure minimum impact on communities, landholders and the environment, but there is room to make further improvements as needed,” Mr Woods said.

      He said the Narrabri project would inject new supply into domestic markets at a time when the ACCC was forecasting domestic gas shortfalls, and put downward pressure on gas prices. “It will make more gas available to cover peak demand periods, especially in circumstances where gas power generators are called on unexpectedly to replace wind, solar and coal outages,” he said. The company plans to do appraisal drilling later this year.

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.