Origin hosts Energy and Resources Minister at Otway Gas Plant
Origin Energy, the leading Australian integrated energy company, and the Minister for Energy and Resources Michael O'Brien MP, today inspected Origin's $85m Inlet Compression Project at the Otway Gas Plant near Port Campbell in Victoria.
The compression facility has been constructed on site at the Otway Gas Plant, and will allow Origin to extend the life of the Thylacine field in the offshore Otway basin, and increase the scope for overall gas recovery.
Origin Chief Executive Officer Upstream, Mr Paul Zealand said, "The Otway Inlet Compression Project continues Origin's significant investment in gas exploration and production capacity in Victoria.
"This Project demonstrates how we can effectively plan for, and manage, the natural decline in production in hydrocarbon fields, and maintain gas production levels over a longer period of time," Mr Zealand said.
The Inlet Compression Project provided a boost to the local economy, with more than 200 staff and contractors employed at the peak of the Project - more than half of these employees were from the region.
"Origin has been exploring for and producing gas in the Otway Basin for over two decades. Our increased investment in this area reflects our view that this rich gas resource will play an ongoing role in meeting growing demand for lower emissions energy for south-east Australia," Mr Zealand said.
Origin has been involved in the Otway Gas Project since its inception, and became operator of the Otway Gas Plant in July 2010. The plant processes gas extracted from the Thylacine and Geographe gas fields 70 kilometres offshore from Port Campbell. Gas is transported via pipeline to the plant, and processed into natural gas, Liquefied Petroleum Gas (LPG) and condensate. Otway supplies domestic and business customers via the main gas transmission grid, as well as Origin's gas-fired Mortlake Power Station in Victoria via a dedicated pipeline, and its Ladbroke Grove power station in South Australia via the SEAGAS pipelines.
For more information visit www.originenergy.com.au
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.