
Papua New Guinea may re-emerge as a supplier of gas to Australia’s tightening east coast market, this time via Australian utility AGL Energy’s planned import facility in Victoria, a senior analyst from Deutsche Bank said on Thursday.
As a stakeholder in gas projects in Papua New Guinea, AGL was involved in the A$7 billion (US$5.6 billion) plan to build a pipeline from PNG to Australia. However, construction work was suspended at the end of January 2007 after AGL ran into financial difficulties. The company also found...
- You have reached an article available exclusively to subscribers
- Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!
- Get a free trial Already a subscriber? Sign in