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Friday, February 1, 2008

What a Gas

Seems like the PNG to Qld gas pipeline may have a chance at rebirth according to the ABC News site.



The project was shelved last year but now several aboriginal groups in the Cape have struck an agreement. Apparently a consultancy group called the Cape York Pipeline Company had secured a land use agreement with 13 traditional owners. Allowing access to a 20km wide, 800km long corridor to build the pipeline if it ever went ahead.

Aussie ad-man John Singleton and mining magnate Robert de Crespigny are reported to be shareholders in the consultancy company. Former prime minister Paul Keating was also involved in the 18-month long negotiations.

The deal means parties interested in building the pipeline would not have to negotiate individual land use agreements with the different traditional owners.

This translates to the agreement itself being worth a ton of cash.A spokeperson for the company said the traditional owners would get the "vast majority" of any money that comes from the agreement.

2 comments:

Anonymous said...

20 kms wide seems a whole lotta land for a pipeline?

Anonymous said...

yep and as for the Traditional Land Owners getting the "vast majority of the money" - there's those proverbial pigs flying again.