• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 8 days Does Toyota Know Something That We Don’t?
  • 1 day America should go after China but it should be done in a wise way.
  • 7 days World could get rid of Putin and Russia but nobody is bold enough
  • 9 days China is using Chinese Names of Cities on their Border with Russia.
  • 10 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 10 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 10 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 9 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 10 days Putin and Xi Bet on the Global South
  • 10 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
Alt Text

Petronas Halts all Imports of Iranian Crude in South Africa

Engen, a South African based unit of Petronas, has announced that it has halted all crude imports from Iran, which used to account for 80 percent of

Read more +
Alt Text

Acquisition of Maari 3D Seismic Survey Commences

Cue energy has just released good news regarding permits for projects in New Zealand

Read more +
Alt Text

Environmental Approval Extended for Tassie Shoal LNG Project

MEO Australia Ltd has just received environmental approval for its Tassie Shoal LNG project.

Read more +

Environmental Approval Extended for Tassie Shoal LNG Project

Tassie Shoal LNG project environmental approval updated

Key Points:
•    Tassie Shoal LNG project environmental approval updated & extended for at least 5 years
•    Environmental approval terms consistent with recently sanctioned projects

MELBOURNE, AUSTRALIA (29th March, 2012)

MEO Australia Limited (ASX: MEO; OTC: MEOAY) is pleased to advise that the Federal
Government has updated the Timor Sea LNG Project environmental approval. Concurrent with this revision the Department confirmed that the approval will remain valid until at least 28th March 2017.

The Federal Department of Sustainability, Environment, Water, Population and  communities reviewed the status of the environmental approval under the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act) and requested a revision to the terms of the approval to bring it into line with recent approval decisions.

Several of the revisions are now standard features of current approvals and are primarily borne out of the Montara Incident and subsequent Inquiry. Other revisions reflect contemporary practice and provide greater guidance on the requirements for the construction, operations and oil spill plans which will form the basis of subsequent approvals required before project commencement.

MEO’s CEO and MD Jürgen Hendrich commented on the announcement:

“We are very pleased that the Government has revised the terms of the Tassie Shoal LNG project environmental approval and has given a clear, minimum five year extension. This initiative supports our efforts to commercialise this Project together with the Tassie Shoal Methanol Project and provides the clarity needed by prospective project partners to evaluate the projects.”

Click on the above pdf for the full release.

Oilprice - The No. 1 Source for Oil & Energy News