December 2011
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05/05/2011
Altona Energy's $3 billion proposed Arckaringa Basin coal to liquids project could insulate South Australia's transport industry against fluctuating fuel costs, the company's executive director Peter Fagiano said at a recent Paydirt conference.
03/05/2011
UK-listed Altona is developing the $3 billion-plus Arckaringa project with China National Offshore Oil Corporation (CNOOC), which owns a 51 per cent stake. CNOOC and Altona representatives visited the site last week. The Chinese company has established an Adelaide office to progress the project, which is at the bankable feasibility stage (BFS).
03/05/2011
03/05/2011
Peter Fagiano, Chairman, Altona Energy says SA diesel prices will drop if an Altona Energy coal to liquids project in the ArckaringaBasin goes ahead. Fagiano says the project could also entice more developers in the gasoline and power industries.
03/05/2011
Jones talks to Peter Fagiano, chair of Altona Energy, about their statement that SA's Arckaringa Basin could provide transport fuel security. Fagiano says they are planning to produce a number of fuels from the area, primarily diesel. He says that the production could be cheap, and he thinks that this could lead to lower fuel prices in SA. Fagiano says that they would aim at primarily servicing the domestic market with only surplus sold overseas. He says that they could complete preliminary processes, including consultancy and applying to PESA, by 2012 and that the project could be up and running in 2016. Fagiano says that Jones asked Bill Repard about the availability of resources in SA, and that they're proposing a solution by building infrastructure off site in Adelaide. He says that this will be a big improvement and that this could be used for the Broken Hill and Olympic Dam projects too.
03/05/2011
Altona Energy's proposed US$3.5 billion coal to liquids and power project in the Arckaringa Basin offers long-term security of supply of transportation fuels to South Australia, according to the energy giant.
03/05/2011
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03/05/2011
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03/05/2011
02/05/2011
ALTONA Energy believes its proposed $US3.5 billion coals to liquids plant in South Australia's Arckaringa Basin will provide long-term energy supply to the state.
02/05/2011