AUSTRALIA: AWE Energy slams partner Origin over BassGas project cost over-run

摘要

Relations between the two Australian partners developing natural gas reserves in the Bass Strait have soured after the latest cost blow -out means the project could exceed the original A$360 million budget by over 60%.AWE Energy, with a 46.25% stake, has slammed operator and 42.5% owner Origin Energy in the increasingly troubled BassGas joint venture for the project's second A$100 million cost blowout in three months. Japanese trading house Toyota Tsusho owns the remaining 11.25%. (US$1=A$0.98).