Additionally, the West Australian government was informed early last week that the banks intended to place the pipeline into receivership if the required two-thirds majority vote was secured from lenders.
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BPCL to extend pipeline to Piyala
BPCL’s decision has taken the oil industry by surprise as Hindustan Petroleum Corporation Limited (HPCL) also plans to build a 1,000 km long product pipeline from Mundra to Delhi. The industry
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Sino-Iranian LNG Deal in Pipeline
The move by China’s second-largest oil firm, which is set to be one of the biggest LNG purchase transactions in the world, was revealed by Iranian Vice-President Mohammad Sattarifar. Negotiations
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Guangzhou to invest 2.3 billion yuan to build LNG pipelines
The Guangzhou Gas Company plans to spend 220 million yuan this year to upgrade facilities and build 100 km of new pipelines. LNG will gradually replace liquefied petroleum gas, according to a plan recently
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GAIL and DuPont India ink marketing alliance pact
According to the agreement, the two companies will market the three-layer polyethylene pipe coating system in India and select world markets to begin with and explore other opportunities for expanding
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BP Awards Contract for Delivery of Clean Diesel
The move from BP to produce low sulphur diesel is due to forthcoming changes in Australian specifications, and will see the investment of $A60 million on behalf of BP. This latest contract for Aver Kvaerner
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Esso Calls Back Workers
The gas giant needed workers back on site at its Longford gas plant to fix damage, caused by a fire on Monday (link – http://www.pipeliner.com.au/upload/Uploads/hastings050404.html#1), to electrical
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PGN Optimistic for Project Startup
The 449 km section of the pipeline PGN is seeking to finance runs between Pagardewa, in South Sumatra, and Cilegon in Banten. Agus Diharjo, company spokesman, said that following the final approval required
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Petronet LNG Stake for Gujarat Government
Suresh Mathur, CEO and Managing Director of Petronet LNG Ltd, yesterday said “Our four promoter firms — Indian Oil Corp., GAIL India Ltd., Oil and Natural Gas Corp. and Bharat Petroleum Corp.
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Santos Back to Full Production at Moomba Plant
Total Moomba gas production capacity is now at approximately 630 terajoules per day – which equates with pre-incident capability – as a result of the resumption of processing through the Liquids
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