Exxon Venture Starts Engineering on PNG LNG Project (Update3)
The News Review:
- Exxon Venture Starts Engineering on PNG LNG Project (Update3)
- Daily Times – Leading News Resource of Pakistan
- KARACHI: Unregulated quarrying poses a threat to biodiversity
- FEATURE-Trash and burn: Singapore’s waste problem
Exxon Venture Starts Engineering on PNG LNG Project (Update3)
Bloomberg – May 22, 2008
and its partners inan $11 billion liquefied natural gas project in Papua New Guineadecided to start initial engineering work increasing thelikelihood the plant will get built. The decision follows the signing of an agreement on fiscalterms with the government Exxon said today in an e-mailedstatement. The engineering and design work known as FEED willtake about 16 months and the venture aims to commit to buildingthe plant in late 2009 said Oil Search Ltd. Exxon and its partners want to tap rising prices for LNG innorth Asia where utilities are seeking cleaner fuels for powergeneration amid a shortage of supply. The venture has about 9. 3trillion cubic feet of gas with a “high'' content of gasliquids making development more profitable than some proposedprojects in Australia according to JPMorgan Chase & Co.
Daily Times – Leading News Resource of Pakistan
Daily Times – May 22, 2008
The Minister was very impressed with the concept of Industrial Parks and appreciated the focused clustering of the industrial units at the Korangi Industrial Park (KCIP) and directed the company to arrange commercial launch of the project as soon as possible. He also emphasised on the need for ensuring complete transparency so that genuine entrepreneurs come forward to establish industries. He asked the management to fast track the permission for setting up 48MW power plant at the park to ensure uninterrupted power supply to the industrialists. This project is being developed on 240 acres of land at Korangi Creek… He asked the management to fast track the permission for setting up 48MW power plant at the park to ensure uninterrupted power supply to the industrialists. This project is being developed on 240 acres of land at Korangi Creek.
KARACHI: Unregulated quarrying poses a threat to biodiversity
Pakistan Dawn – May 22, 2008
One of us goes to Mauripur every week and brings necessary foodstuffs while for water we collectively pay Rs1000 for a tanker trip that lasts a month. It’s amazing to see how well the road networks have been developed to different mountain sites for quarrying. At another location about 150 metres high a Dawn team accompanied by a Karachi University group carrying out research on plant conservation in the area spotted four people engaged in quarrying. Answering questions the workers said they came from Lasbella and received a monthly salary of Rs5000. “We come here daily in a truck and work till evening. The contractor deducts Rs250 from the salary if someone fails to turn up for the day” one of them said. Despite the hardship the poor workers face while eking a living their activities have endangered the biodiversity of the area according to Haider Abbas an assistant professor researching on plant conservation at Dr A… “The place is home to a number of endemic species including Acacia nilotica ssp. hemispherica which exists nowhere except along the Karachi coast. Losing that plant means losing a major link in science. The area regarded as lungs to the city due to the presence of mangroves is a turtle nesting ground besides being home to a number of coral species” he said adding that the WWF has been pursuing the cause to have the area declared ‘a nature reserve’. Talking about the long-term consequences of stone excavation in the area he said: “Though it’s difficult to point out the exact impact of these activities what we do know is that disturbing the ecosystem could have serious implications. It might lead to the gradual destruction of turtle habitat. That could cause increasing growth of seaweed and that in turn could affect the environment in many different ways.
FEATURE-Trash and burn: Singapore’s waste problem
Reuters AlertNet – May 22, 2008
" This small act of rebellion illustrates the problem faced on a much larger scale by tiny Singapore: there’s nowhere to put the trash. "It is very costly to get rid of our waste" said Ong Chong Peng general manger of the island’s only remaining landfill which cost S$610 million ($447 million) to create on Pulau Semakau eight kilometres south of the mainland. The landfill "island" a 350-hectare feat of engineering reclaimed from the sea opened the day after the last of five mainland landfills closed in 1999. Every day it takes shipments of over 2000 tonnes of ash — the charred remnants of 93 percent of Singapore’s rubbish burnt at its four incinerators. The National Environment Agency (NEA) predicts a new multimillion dollar incinerator will be needed every five to seven years and a new landfill like Pulau Semakau every 25 to 30 years. With nowhere to site another landfill recycling though not yet rolled out to the masses in condominiums or state Housing Development Board (HDB) skyscrapers is no longer just nice to have but a necessity said Ong. "Singaporeans have to practice the three Rs (reduce reuse recycle) to extend the lifespan of Semakau as long as possible" he said "and also reduce the need to build new incineration plants… Another stealthy project which began in March targets the cornerstone institution of Singapore life — the hawker centre. Darting between tables to snatch up dirty plates at Chinatown’s Smith Street food court the army of plate clearers are at another new frontline in the battle — food waste recycling. Leftovers scraped into black sacks on the end of the cleaners’ trolleys are trucked to a start-up food waste recycling plant that hopes to save 800 tonnes of organic scraps a day from being sent to the incinerators. Local company IUT Global feeds the scraps into a bacteria-filled digester which turns them into biogas energy and compost. The plant’s capacity will make it Southeast Asia’s biggest bio-methanisation and renewable energy plant when fully operational said Assistant Manager Leon Khew. In the meantime normalising the idea of recycling through legislation would help he said. "Right now in Singapore recycling is not legislated.
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