Matthew Stevens captures the ongoing gas farce today nicely:
A group of former BHP Billiton and BP executives has opened discussions with the South Australian government over a $600 million private-equity funded solution to the state’s gathering energy crisis.
The proposal involves the construction of a 350 megawatt gas-fired peaking power plant that would be fuelled by gas from a floating re-gasification plant, whose feedstock would be liquid natural gas acquired either from the North West Shelf or Singapore.
