Queensland Gas Pipeline set for major expansion

Alinta Limited has announced a major expansion of the Queensland Gas Pipeline....

  Alinta Limited has announced a major expansion of the Queensland Gas Pipeline, along with the company’s significant new gas transportation agreement with Origin Energy CSG Marketing Pty Limited (Origin) becoming unconditional.Alinta will invest $112m on compression and looping for the pipeline to provide additional capacity to meet the gas needs of the Rio Tinto Aluminium’s Yarwun Alumina Refinery when its expansion project is completed in 2010.Following the completion of the pipeline expansion, the Queensland Gas Pipeline will have an installed capacity of approximately 49 petajoules per annum.The new agreement with Origin has a term of 21 years, which includes the 12-month commissioning period, for the transportation of up to 24 petajoules per year.Alinta acting CEO, Peter Magarry said that the decision to expand the Queensland Gas Pipeline demonstrates Alinta’s commitment to major investment in Queensland to meet the increasing needs of industry, the strong demand for energy in Gladstone and the continued growth in the development of Coal Seam Gas within the State.