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Iona Gas Plant
The Iona Gas Plant is a natural gas processing and underground storage facility at Waarre near Port Campbell in the Australian state of Victoria. The Iona Gas Plant is owned by Lochard Energy. The Iona Gas Plant is on the site of the Iona Gas Field which was discovered in 1988. When the natural gas was depleted, the underground reservoir was converted for storage of processed gas. The processing plant was commissioned for commercial operation in 1999. It receives and processes gas from gas wells in the offshore Casino Gas Field of the Otway Basin. Processed gas is stored underground in a depleted gas field reservoir. Gas from the Iona Gas Plant can be sent to Adelaide in South Australia via the SEAGas pipeline and to Melbourne via the South West Pipeline. The Iona Gas Plant is adjacent to the Otway Gas Plant with a pipeline that enables transfer of gas between the two facilities. Lochard Energy is a subsidiary of QIC. It bought the Iona facility in 2015 from EnergyAustralia ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ...
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South West Pipeline
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both east and west. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', cf English meridional), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the Levant). Navigation By convention, the ''bottom or down-facing side'' of a ...
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Energy In Victoria (Australia)
Energy in Victoria, Australia is generated using a number of fuels or technologies, including coal, natural gas and renewable energy sources. Brown coal, historically, was the main primary energy source for the generation of electricity in the state, accounting for about 85% of electricity generation in 2008. The amount of coal-fired power has decreased significantly with the closure in 2017 of the Hazelwood power station which supplied around 20% of Victoria's electricity, and to a lesser extent with the exit of Anglesea Power Station, Victoria (Australia), Anglesea power station in 2015. Brown coal is one of the largest contributors to Australia's total domestic greenhouse gas emissions and a source of controversy for the country. Australia is one of the List of countries by greenhouse gas emissions per capita, highest polluters of greenhouse gas per capita in the world. In 2020, the Greenhouse gas co-efficient for Victoria as advised by the Essential Services Commission was ...
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The Warrnambool Standard
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a ...
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Australian Financial Review
''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The ''AFR'', along with the rest of Fairfax Media (aside from some publications which were sold to Australian Community Media), was sold to Nine Entertainment for more than A$2.3 billion.Mergermarket - An Acuris company. (n.d''.). Fairfax Media Limited Nine Entertainment Co. Holdings Ltd Merger.'' Retrieved from www.mergermarket.com/Common/Mergermarket/Deals/DealDetails.aspx?dealsysid=933952&extern=19&id=239512&contextid=1018456074&zone=205¤cyCode=AUD The ''AFR'' is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the ''AFR'' reached 2.647 million Au ...
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EnergyAustralia
EnergyAustralia (formerly TRUenergy) is an electricity generation, electricity and gas retailing private company in Australia, a wholly owned subsidiary of the Hong Kong-based and listed China Light and Power (CLP Group). EnergyAustralia also had a portfolio of generating sites using thermal coal, natural gas, hydro-electric, solar energy, and wind power. The company was founded in 1995 and its headquarters are located in Melbourne, Victoria. History In 2005, TXU Corp sold all its Australian assets to Singapore Power, which retained the distribution businesses (electricity and natural gas distribution networks) in Victoria, and onsold the retail and generation businesses to the Hong Kong-based CLP Group, which also owned the Yallourn Power Station, in Victoria's Latrobe Valley. In Australia, CLP traded as TRUenergy, and became the fifth largest energy retailer in Australia.
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Queensland Investment Corporation
QIC (Queensland Investment Corporation) is a Government owned investment company owned by the Queensland Government. It was founded on 1 July 1991 pursuant to the ''Queensland Investment Corporation Act 1991'' to serve the long-term investment responsibilities of the Queensland Government. As of 30 September 2008, the organisation converted from a statutory Government owned corporation (GOC) to a company GOC and was renamed QIC Limited (QIC). QIC has now grown into a leading long-term specialist manager in alternatives. Assets QIC has investments in both Australia and the United States. Most of its shopping mall investments are through a 49% shareholding in a joint venture with Forest City Enterprises. In 2017, QIC reached an agreement to buy Forest City's interest in six of FC's eleven mall investments and an option to buy four others, excluding Charleston Town Center Mall in Charleston, WV. Forest City's US shopping centre management operation would also transfer to QIC. Am ...
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Otway Gas Plant
Otway may refer to: Places Australia *Cape Otway, a geographical feature on the coast of Victoria, Australia *Shire of Colac Otway, Victoria, Australia *Great Otway National Park, a national park in Victoria, Australia *Otway Basin, a geological feature with natural gas reserves spanning the coast of South Australia and Victoria *Otway Ranges in Victoria, Australia *Parish of Otway, a cadastral land division in the County of Polwarth in Western Victoria Elsewhere *Otway, Ohio, a village in the United States *Otway Massif, massif in Antarctica *Seno Otway, inland sound in southern Chilie People *Otway Burns (1775–1850), American privateer *Otway (surname) Otway is a surname. Notable people with the surname include: * Arthur John Otway (1822–1891), Member of Parliament * Caesar Otway (1780–1842), Irish clergyman and writer * Charles James Otway (1694-1764), British general * Frank Otway (1923 ... Other uses * HMAS ''Otway'', two submarines of the Royal Australian Navy * '' ...
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Melbourne
Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a metropolitan area known as Greater Melbourne, comprising an urban agglomeration of 31 local municipalities, although the name is also used specifically for the local municipality of City of Melbourne based around its central business area. The metropolis occupies much of the northern and eastern coastlines of Port Phillip Bay and spreads into the Mornington Peninsula, part of West Gippsland, as well as the hinterlands towards the Yarra Valley, the Dandenong and Macedon Ranges. It has a population over 5 million (19% of the population of Australia, as per 2021 census), mostly residing to the east side of the city centre, and its inhabitants are commonly referred to as "Melburnians". The area of Melbourne has been home to Aboriginal ...
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Waarre, Victoria
Waarre is a locality in the Shire of Corangamite of the Australian state of Victoria. It is about nine kilometres northeast of Port Campbell. Waarre is the site of two natural gas processing facilities. The Iona Gas Plant is owned by QIC and processes gas from the offshore Casino Gas Field. The Otway Gas Plant processes gas from the offshore Geographe and Thylacine gas fields in the Otway Basin. It was owned by Lattice Energy, a subsidiary of Origin Energy. Origin sold Lattice to Beach Energy Beach Energy Limited is an Australian oil and gas exploration and production company based in Adelaide, South Australia. Formerly known as Beach Petroleum, the company changed its name to Beach Energy in December 2009. It is a component of the S&P ... in 2017. Forty percent of the Victorian operations were then on-sold to OG Energy in 2018. The other significant industry in the area is farming. References Towns in Victoria (state) Shire of Corangamite {{BarwonSouthWest-ge ...
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SEAGas Pipeline
The SEA Gas pipeline ''(South East Australia Gas pipeline)'' is a 687 km natural gas pipeline from the Iona Gas Plant near Port Campbell in Victoria to the Pelican Point Power Station at Port Adelaide. It connects Adelaide's gas supply to sources from Victoria's Otway Basin, thus increasing the security of natural gas supply to Adelaide. The pipeline is owned and operated by South East Australia Gas Pty Ltd who are owned in a 50-50 partnership by APA Group (Australia) and the Retail Employees Superannuation Trust. Route and branches The main pipeline is from the Minerva gas processing plant at Port Campbell in Victoria to the Pelican Point Power Station in northwestern Adelaide. There are two compressors on the route. The Miakite compressor at Grassdale in Victoria, and the Coomandook compressor in South Australia are connected by two pipes. The rest of the pipeline is a single pipe. This central section has offtakes at Poolaijelo and Naracoorte. There are also offtak ...
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South Australia
South Australia (commonly abbreviated as SA) is a state in the southern central part of Australia. It covers some of the most arid parts of the country. With a total land area of , it is the fourth-largest of Australia's states and territories by area, and second smallest state by population. It has a total of 1.8 million people. Its population is the second most highly centralised in Australia, after Western Australia, with more than 77 percent of South Australians living in the capital Adelaide, or its environs. Other population centres in the state are relatively small; Mount Gambier, the second-largest centre, has a population of 33,233. South Australia shares borders with all of the other mainland states, as well as the Northern Territory; it is bordered to the west by Western Australia, to the north by the Northern Territory, to the north-east by Queensland, to the east by New South Wales, to the south-east by Victoria, and to the south by the Great Australian Bight.M ...
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