Sydney, Australia-based producer Buccaneer Energy Ltd. has signed a contract to supply natural gas to ConocoPhillips’ liquefied natural gas (LNG) facility on Alaska’s Kenai Peninsula, about 10 miles northwest of Buccaneer’s 100% owned Kenai Loop project. The deal gives Buccaneer the flexibility to flow gas from its Cook Inlet drilling while it awaits the completion of a nearby gas storage facility.
Sydney
Articles from Sydney
NGI The Weekly Gas Market Report
Aussie’s Babcock & Brown Buys NorthWestern After Multiple Offers
From among more than a half-dozen suitors, Sydney, Australia-based Babcock & Brown Infrastructure (BBI) emerged last month as the new owner of South Dakota-based utility holding company NorthWestern Corp. in a $2.2 billion deal completed April 25 that will leave the American management and strategies in place. NorthWestern’s CEO told the financial community he expected the deal to close quickly early next year.
May 1, 2006
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