Media Releases
Thursday, 7th May 2009
I have renewed the Major Project Facilitation (MPF) status of MEO Australia, underscoring the Government's effort to support major new private sector investment during the current global recession.
The company's Timor Sea LNG and the Tassie Shoal Methanol projects involve developing gas accumulations in close proximity to Tassie Shoal, an area of shallow water in the Bonaparte Basin approximately 275 km North West of Darwin.
MEO is currently conducting further technical appraisals of its exploration lease adjoining Tassie Shoal, as well as approaching potential gas suppliers in the region in an effort to secure suitable feed gas for the projects. Depending on the quality and quantity of the available gas, the projects could proceed independently or as an integrated facility.
Each project is expected to generate approximately 500 jobs during construction and around 110 direct ongoing jobs.
MPF program is administered by my Department, with the purpose of facilitating and supporting private sector investment proposals through the approval processes of Federal and state/territory authorities. It also assists with the early identification of impediments to greater private sector investment.
Electorate Office
334a Marrickville Rd
Marrickville NSW 2204
Phone: 02 9564 3588
Parliament House Office
Parliament House
Canberra ACT 2600
Phone: 02 6277 7700
Electorate Office
334a Marrickville Rd
Marrickville NSW 2204
Phone: 02 9564 3588
Parliament House Office
Parliament House
Canberra ACT 2600
Phone: 02 6277 7700
Phone: (02) 9564 3588
Fax: (02) 9564 1734
Email: A.Albanese.MP@aph.gov.au
We acknowledge the traditional custodians of the land on which our offices stand and we pay our respects to Elders past, present and emerging. We acknowledge the sorrow of the Stolen Generations and the impacts of colonisation on Aboriginal and Torres Strait Islander peoples. We also recognise the resilience, strength and pride of the Aboriginal and Torres Strait Islander communities.
Authorised by Anthony Albanese. 334a Marrickville Rd, Marrickville NSW 2204.