Basin Harbor,As many resorts, inns and hotels throughout Vermont have either closed or become inaccessible in the aftermath of Hurricane Irene, Basin Harbor Club in Vergennes, Vermont is offering guests of those properties complimentary stays at their resort. ‘We were very fortunate at Basin Harbor and are fully up and running, but we recognize that many in our industry are not so lucky. This is Vermont, we all join together in times like this,’ said Pennie Beach, co-owner of Basin Harbor Club. ‘For visitors who had a reservation at a property that is confirmed as closed or physically inaccessible due to roads, power, water etc. we’re offering complimentary accommodations on our property, with just a requested $10/night service fee to cover the cost of making up the room.’ To take advantage of this offer, guests will need to provide confirmation of reservation, rate and deposit paid at the original property. Should guests choose to stay longer than their reservation at the original property, they will be charged at the going rate with applicable charges.Basin Harbor Club was established in 1886 by Ardelia Beach and has remained family owned for 125 years. Today, guests are greeted by fourth generation hosts, Pennie Beach and Robert H. Beach, Jr. Originally a 225-acre working farm catering to summer boarders, the resort has expanded to cover 700 acres of Vermont’s most pristine land along the shores of Lake Champlain, encompassing the main lodge, cottages, a private golf course, spectacular gardens, a 3,200 foot grass airstrip, and the Lake Champlain Maritime Museum’an organization dedicated to preserving and sharing the history of Lake Champlain. For more information, please visit www.basinharbor.com(link is external) or call 1-800-622-4000.Vergennes, Vt. (August 30, 2011) ‘
Japan’s Inpex Corporation, in cooperation with its partner Shell is set to begin the preparations to commence front-end engineering design (FEED) for the Abadi LNG development in Indonesia. The comment follows the official approval of the revised plan of development for the Abadi LNG project by the Indonesian authorities.In addition to the revised POD, the authorities also approved the application for a seven-year additional time allocation and a 20-year extension to the Production Sharing Contract (PSC) for the Masela Block, extending the term of the PSC until 2055, Inpex said in its statement.“The approval of the revised POD by the authorities is a significant milestone for the Abadi LNG project. While the project’s development concept has been changed from a floating LNG scheme to an onshore LNG scheme, I am confident that the economics of the project based on the revised POD are now sufficiently strong for Inpex and Shell given the PSC term until 2055 and sufficient financial conditions have been secured following a series of constructive discussions with the authorities,” said Takayuki Ueda, president & CEO of Inpex.He added that the company aims to make this project competitive and will continue to work toward the production startup scheduled in the latter half of the 2020s.In terms of preparations, Inpex said these will consist of the mobilization of operational personnel and bidding-related work for the selection of contractors undertaking the FEED work.A final investment decision (FID) is subject to a series of subsequent evaluations including FEED work.The project is expected to produce approximately 9.5 million tons of LNG per year. The Abadi gas field features excellent reservoir productivity and has one of the world’s largest reserves, raising expectations of efficient development and stable LNG production operations over the long-term.