Shell and PetroChina could spend an additional $500 million on expanding gas production in Queensland to help relieve Australia’s east coast gas shortage, The Australian Business Review has reported.
The two companies, 50/50 partners in the Arrow Energy CBM joint venture, have announced they will start “engineering and design studies on an expansion of […] output from 33 terajoules a day [852,000 cubic metres per day] to 81TJ/d,” according to the report.
The expansion, combined with Arrow’s other assets, would take Arrow’s Surat Basin gas output to...
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