Gas Week

EWN Publishing

Queensland’s Fairview, Scotia and Roma fields to supply between 170 petajoules and 220 petajoules a year to the Gladstone LNG plant

Posted by gasweek on 17 September, 2007

Under the Santos plan gas would be supplied from the company’s Bowen Basin and Surat Basin coal methane reserves which it estimates at more than 5000 petajoules, according to The Australian (19/7/2007, p. 19).

Scotia and Roma fields supplies to Gladstone: Santos said its Fairview, Scotia and Roma fields would supply between 170 petajoules and 220 petajoules a year to the Gladstone LNG plant. Two years ago Santos paid $612 million for the Fairview coal methane property and has since spent more than $200 million on development work.

Capital raising for $300 million expansion: The Santos announcement was made in Gladstone as rival operator Arrow Energy launched a $150 million capital raising to help fund a near $300 million expansion designed to meet a contract, announced in May , to supply gas to a planned 1 million tonnes a year LNG facility, also at Gladstone, being promoted by LNG International and Golar LNG. It is smaller and not related to the Santos proposal, but is already in production.

The Australian, 19/7/2007, p. 19

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