ACCC proposes joint gas marketing in Northern Territory

The Australian Competition and Consumer Commission (ACCC) has released a draft determination proposing to authorise joint gas marketing arrangements between joint venture partners ASX-listed Central Petroleum and Macquarie Mereenie for their Mereenie oil- and gasfield, located in the Amadeus Basin in the Northern Territory (NT). It has further authorised Chevron, INPEX, Shell and ASX-listed Woodside to coordinate maintenance activities at their liquefied natural gas (LNG) facilities in Western Australia and Northern Territory, as the four LNG producers were competing for a limited pool of skilled contractors and specialised equipment to conduct scheduled maintenance.