From the Sunday Territorian Newspaper, NT, Australia:
THE Territory has moved another step closer to securing its electricity needs for the next 25 years.
In an agreement finalised last week, the Power and Water Corporation has signed off on an agreement to purchase about 750 petajoules of gas that will be used to run power stations in all regional centres from Alice Springs to Darwin.
Under the agreement, Eni Australia will supply the gas from the Blacktip Gas Field, located about 100km west of Wadeye in the Timor Sea.
The Blacktip project will see about $750 million worth of gas infrastructure -- including a pipeline and production infrastructure -- built in the Territory, creating significant job and business opportunities.
Blacktip's estimated reserves are about 1.2 trillion cubic feet of proven and probable gas.
The gas will come onshore at Yelcherr, near Wadeye, to a processing plant, and then will be transported via a gas pipeline from Wadeye to connect to the existing Amadeus north-south pipeline, that currently brings gas from Central Australia.
The project will include the construction of a pipeline from Yelcherr to the existing Amadeus pipeline at Ban Ban Springs, 150km south of Darwin.
A Gas Transportation agreement between PowerWater and the Australian Pipeline Trust will lead to the construction of the 275km Bonaparte Gas pipeline.
The pipeline will link the gas processing plant at Wadeye to the Amadeus Basin to Darwin gas pipeline in time to supply the first gas by January 1, 2009.
The pipeline will initially be capable of delivering about 30 petajoules a year.