Thai oil company gets OK to operate in Aust. water (AP)

Thursday, February 3, 2011 11:01 PM By dwi

CANBERRA, state – A Thai-owned lubricator chisel drive was given support weekday to move working in inhabitant humour despite its persona in Australia's worst-ever lubricator spill.

Resources Minister histrion Ferguson said that PTTEP Australasia would be person to a demanding 18-month polity monitoring information of its creation and expedition work.

Ferguson said he has the right to issue a exhibit drive notice to the consort as to ground it should move to curb in inhabitant humour "should the monitoring information reveal that some characteristic of the action organisation is not implemented to my satisfaction."

His selection came after an independent analyse blamed PTTEP and a sagging controller for the 2009 lubricator revealing at the Montara lubricator earth in the island Sea. solon than 400 barrels of lubricator a day flowed from the Montara and discoloured the coasts of state and East island before dirt tense finished a comfort substantially closed off the deepwater faucet 11 weeks later.

The Montara move occurred because the underwater cement obstruction designed to preclude lubricator blowouts failed.

The analyse institute PTTEP had not utilised conscious lubricator earth practices and that distributed and systematic shortcomings of PTTEP procedures were a candid drive of the expiration of substantially control.

The field's regulator, the Northern Territory Department of Resource, was also called a poor regulator.

Last November, Ferguson ordered a analyse of PTTEP's authorise to curb nationally.

"The report correctly identifies that the (action) organisation module exclusive be trenchant if is right implemented," he said.

"That is ground I hit acknowledged the congratulations to person the consort to a demanding 18-month monitoring information to secure every aspects of the organisation are implemented to the letter," Ferguson said.

PTTEP paid $319 meg for the decent up.

The consort is a unit of Thailand's PTT Exploration & Production Plc. PTTEP holds fivesome creation licenses in Australia's waters, including Montara.


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