Page 19 - AsianOil Week 39

AsianOil NEWS IN BRIEF AsianOil

generated from the plant will be sold to the “Click Energy has built a successful retail interest and capable of development without
Electricity Generating Authority of Thailand, energy business with more than 215,000 harm to water resources or the environment.
providing high efficiency, clean energy to customer services across NSW, Victoria, QLD “Santos is excited about the prospect of
support the power demand in the country. and South Australia. developing the Narrabri Gas Project, a 100 per
MITSUBISHI POWER, September 30, 2020 “We’re excited to welcome Click Energy cent domestic gas project that can provide the
customers to AGL and we’re working closely lowest cost source of gas for NSW customers,”
with the team to ensure a smooth transition Mr Gallagher said.
EAST ASIA for their people and customers. “As the economy recovers from
“Despite a challenging year, we are COVID-19, game-changing projects like the
PetroChina closes disposal continuing to grow and are well on track to Narrabri Gas Project are critical to creating
achieve our target of 4.5 million customer
jobs, driving investment, turbo-charging
of pipeline business services by FY24.” regional development and delivering more
competitive energy prices.
AGL, September 30, 2020
We refer to the announcement of PetroChina SANTOS, September 30, 2020
dated 23 July 2020 and the circular of the Santos welcomes IPC
Company dated 12 August 2020 in relation Warrego, Alcoa sign GSA
to the disposal and external investment Narrabri gas project
concerning the pipeline business and assets. Warrego Energy today announced it has
Unless otherwise defined, capitalized terms approval signed a binding Gas Sales Agreement (GSA)
used in this announcement shall have the with one of Western Australia’s leading gas
same meanings as those defined in the Santos welcomes the New South Wales buyers, Alcoa of Australia Limited (Alcoa),
Circular. Independent Planning Commission’s (IPC) for the long term1 supply of a total of 155
The Board is pleased to announce that decision to green light the Narrabri Gas petajoules (PJ) of natural gas from the West
all of the conditions precedent set out in the Project with conditions and thanks the Erregulla gas field.
Transaction Agreements have been satisfied. Narrabri community for its strong support The GSA will commence on 1 January
The ownership and risk of the Target Assets over many years. 2024, subject to a positive project Final
shall be passed to PipeChina at 24:00 on Santos accepts the conditions proposed Investment Decision (FID) by Warrego
the date of this announcement. Meanwhile, by the IPC and will now work with the expected in 1H 2021. The significant size
pursuant to the Operation Agreement, the Federal Department of Agriculture, and term of the foundation GSA with
Company has recently entered into service Water and Environment as it considers its Alcoa is such that Warrego does not need
contracts with PipeChina with respect to the recommendation to the Minister on EPBC to secure additional GSAs to support FID.
use of relevant oil and gas pipeline facilities Act approval. Key to this recommendation This foundation load will underpin a gas
and natural gas infrastructure, in which the will be that the New South Wales’ assessment processing development and provide the
conditions and arrangements for related process has adequately addressed all foundation for Warrego to plan additional
services have been agreed on. relevant matters of national environmental phases of development.
PETROCHINA, September 30, 2020 significance. Warrego intends to expand its gas sale
Santos Managing Director and Chief portfolio and is continuing to negotiate with
Executive Officer Kevin Gallagher said the other potential customers.
OCEANIA New South Wales Government and IPC In addition, the Company will continue to
process has been comprehensive, transparent progress gas processing options which include
AGL finalises acquisition of and inclusive, providing the community with the use of third-party facilities and shared
confidence the project has been properly
infrastructure.
Click Energy evaluated and determined to be in the public WARREGO, September 29, 2020
AGL today announced it had completed
the acquisition of electricity and gas retailer,
Click Energy Group Holdings Pty Ltd (Click
Energy), a wholly owned subsidiary of ASX-
listed amaysim Australia Limited, for $115
million.
AGL CEO Brett Redman said through
this acquisition and building on our strong
customer growth in FY20, AGL now has
almost 4.2 million customer services across
energy and telecommunications.
“We have continued to grow and transform
our business by digitising our customer
experience and offering more choice and
flexibility on our products,” Mr Redman said.
“This acquisition aligns with our growth
strategy and builds on our recent acquisitions
of Perth Energy and Southern Phone
Company.

Week 39 01•October•2020 www. NEWSBASE .com P19