https://www.miningweekly.com

BHP and ExxonMobil to spend A$400m on new pipeline

28th August 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Diversified miner BHP Billiton and its joint venture (JV) partner ExxonMobil Australia have agreed to a A$400-million spend to replace a 187 km pipeline in Victoria, which transports crude oil and condensate between the Longford and Long Island Point facilities.

ExxonMobil said on Friday that the pipeline would allow the continued safe delivery of crude oil and condensate and ensure that natural gas from offshore Gippsland operations continued to flow to Australia households and businesses.

Both BHP and ExxonMobil hold a 50% interest in the Gippsland Basin JV, with ExxonMobil subsidiary Esso Australia Resources acting as the operator.

Pending regulatory approval, the construction of the replacement pipeline is expected to begin in late 2015.

“With an approximate project cost of A$400-million, the replacement pipeline represents another significant investment in the continuation of our Gippsland operations, which have provided crude oil, condensate, LPG and natural gas to the Australia market since operations began in 1969,” said ExxonMobil Australia chairperson Richard Owen.

It was anticipated that, at its peak, the project would generate approximately 500 jobs, as well as deliver additional indirect employment opportunities.

“Development of Gippsland’s oil and gas has historically brought the region significant long-term benefits, boosting economic growth and creating new jobs,” Owen said.

“Our commitment to the continued safe, reliable supply of cost-effective energy is demonstrated through this key infrastructure investment and our continuous pursuit of opportunities to reduce cost and improve productivity."

Edited by Creamer Media Reporter

Comments

Showroom

WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.17 0.214s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: