Lundin Oil (LOILY, LOILB Sweden) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tomas who wrote (1640)	5/15/2000 11:44:00 AM
From: Tomas	Read Replies (1) of 2742

Papua New Guinea Pipeline To Fire Up Queensland Industry The Australian Financial Review, May 15 Queensland will gain huge benefit from the proposed $A3.74bn Papua New Guinea (PNG)-Queensland gas pipeline. The contracts for the 3,200km natural gas pipeline from the southern highlands of PNG to Brisbane via Townsville and Gladstone will mean 5,000 immediate jobs in itself. However, the real benefits will begin when the gas is flowing, estimated at late 2003 or early 2004. In areas like Townsville, relatively inefficient and unreliable coal-fire generators will give way to the cleaner and cheaper gas. A raft of new and expanded industries will be spawned, including Sun Metals' $A900m zinc refinery and Copper Refineries' $A230m expansion. Comalco's alumnina smelter will proceed with the availability of gas-generated power. Pipeline project director, John Powell, says projects not even envisaged in 2000 will emerge when the gas is flowing. The environmental benefits will be significant. Special report - Energy.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next