The Australian Financial Review recently reported that Beach Energy is currently in discussion with its South Australian Cooper Basin venture partners in regards to the possible sale of processing and pipeline infrastructure.
The assets being considered for sale are thought to include the 695 kilometre Moomba-Port Bonython oil products pipeline and the company’s stake in the Moomba oil and gas plant.
Beach Energy currently owns 20.2 percent of the Moomba plant, with the facilities at the site operated by Santos.
Chief executive of Beach Energy, Rob Cole, has stated that the idea is still in its very early stages, however there is foreseeable opportunity to realise value from the sale, by operating the facilities at the site as a multi-user hub.