APA Studies Ways to Bring Galilee Gas to Oz Market
Australian infrastructure company APA has signed a preliminary agreement with Comet Ridge Galilee and Vintage Energy that includes an in-field work program to select a pipeline route to connect Queensland’s Galilee Basin to gas markets. APA, Comet Ridge and Vintage agreed a framework for working together towards entering into a gas transportation agreement (GTA), APA said May 30. The Queensland government awarded more upstream acreage this month.
Much of Queensland's gas is liquefied for export, which is pushing up prices and making development of new fields more attractive than before.
Proposed pipeline routes
(Source: APA)
APA would build, own and operate new pipeline infrastructure and other related infrastructure to transport gas from Comet Ridge and Vintage’s Galilee Basin Project, initially to Moranbah in Central Queensland, with a second phase of pipeline development to connect east coast gas markets via APA’s East Coast Grid.
APA CEO Mick McCormack said: “We are pleased to be progressing to the next stage of work with Comet Ridge and Vintage to enable the development of the Galilee Basin as a new source of gas for Australia’s east coast. APA continues to work collaboratively with gas producers in the Galilee and Bowen basins to enable gas resources to be connected to market. The interconnected nature of APA’s East Coast Grid will enable producers, such as Comet Ridge and Vintage, to explore opportunities to market their gas."