(EnergyAsia, June 28) — The BassGas Joint Venture has drawn down the remaining A$12 million of the performance bond provided by Clough Engineering over the development of a troubled natural gas project in Australia’s Bass Straits. (US$1=A$1.27). Following this action by Origin Energy which leads the joint venture, Clough said there are no outstanding…
AUSTRALIA: Clough Engineering says BassGas JV has drawn down remaining A$12 million performance bond
Posted on June 28, 2005 by EnergyAsia