Energy World Corporation Plans Pipeline to Transport Gas From Cooper Basin
Hong Kong based Energy World Corporation has plans to spend $100 million so it can pipe gas from the Cooper Basin to a north Queensland port for export to Asian markets, reports ABC News.
The company is looking to build a 1,000 kilometre-long pipeline from the basin to a liquefied natural gas plant at Abbot Point near Bowen and from there export about two million tons of gas per year to Asia.
According to ABC News, Energy World Corporation however admits the project could affect the Great Barrier Reef.
The project could involve the dredging of about 500,000 cubic metres of sediment to be dumped on the mainland which creates a risk of erosion run-off into the Great Barrier Marine Park, the news report says.
The company aims to start work by mid-2017. Plans for the project have been lodged with the Federal Environment Department and the proposal is open for public comment until April 24.
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