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Energy Ministers met today as part of the Energy National Cabinet Reform Committee (the Committee). Ministers noted the Energy Security Board's (ESB). ....
Premium Content Subscriber only Re-authorising Curtis Island LNG operations is being examined to permit three companies to continue production, storage and exports for another five years. The Australian Competition and Consumer Commission ACCC is examining a proposal to discuss and co-ordinate the maintenance schedules, maintenance providers, and maintenance techniques of Australia Pacific LNG Pty Ltd, Gladstone LNG, and the Queensland Curtis LNG projects. The re-authorisation would prevent producers trading advantageously in gas markets, because each would know when maintenance is going to occur, as operators must adhere to ACCC conditions. Curtis Island plant operators, who convert natural gas into LNG are connected to gas wells in the Surat and Bowen basins, also purchase gas from wholesale markets. ....
Date Time Proposal to reauthorise QLD LNG producers to coordinate gas plant maintenance The ACCC is proposing to reauthorise Australia Pacific LNG Pty Ltd, Gladstone LNG, and the Queensland Curtis LNG Project to discuss and coordinate their maintenance schedules, maintenance providers, and maintenance techniques for another five years. The proposed reauthorisation would mean that all three applicants can coordinate when and how maintenance of their gas plants occur, and when their facilities will be taken offline. The ACCC is now consulting on the draft determination. “Coordinating the maintenance undertaken at these facilities will reduce the likelihood of major disruptions to domestic gas markets, which could occur if multiple maintenance events cause more than one facility to be taken offline at the same time,” ACCC Chair Rod Sims said. ....