Jemena and Galilee Energy will work together to deliver gas from the Glenaras gas project in the Galilee Basin in central Queensland to the east-coast domestic gas market.
An agreement signed today fast-tracks plans to build a new $500-$800 million pipeline in the region and means Jemena will begin engaging with local communities, conducting field surveys and completing pipeline design concept works.
In parallel, Galilee Energy will progress their appraisal activities at the Glenaras gas project north-west of Barcaldine to certify a proven gas resource large enough to underwrite the pipeline construction.
Jemena executive general manager of corporate development Antoon Boey said the announcement marked another key step in Jemena’s plans to expand and extend its Northern Gas Pipeline (NGP), via the Galilee Basin, to the largest gas markets on the east coast.
“By undertaking the early planning works, both Jemena and Galilee Energy will be ready to proceed to front end engineering and design (FEED) on both pipeline and field development in 2019 with the objective of first gas to market in 2022,” he said.
Galilee Energy managing director Peter Lansom said Galilee Energy had one of the largest uncontracted contingent gas resources on the east coast.
