Link-up for Evans Shoal field

AN introductory meeting is on the cards between the Shell-led owners of the Evans Shoal gas field in Australia and a major Asian company over the potential monetisation of the field.

2 May 2014 0:00 GMT Updated 2 May 2014 0:00 GMT

By Russell Searancke

The Asian investor is a potential partner of MEO Australia, which is the proponent of the Tassie Shoal methanol project that MEO has been promoting for years but for which it lacks a gas supply source.

MEO long ago identified the big Evans Shoal field as a potential feedstock “considering its proximity, high CO2 (carbon dioxide) content and lack of practical development alternatives”.

MEO’s

Upstream is part of DN Media Group. To read more about DN Media Group, click here

Weekly

Link-up for Evans Shoal field