Duet Group
(ASX:DUE) announced today that Dampier Bunbury Pipeline has appointed Mr Stuart Johnston as CEO effective from April 6.
Duet CEO, Peter Barry says the pipeline and its operations are a critical part of the energy supply chain in WA’s South West region and that Johnston’s experience in his previous role makes him the ideal candidate to head DBP’s future operations.
Johnston joins DBP after a 20 year career with Shell, his most recent role was Vice President of Strategy Portfolio & Planning with Shell upstream International and.
Dampier Dunbury Pipeline Transmission is the trading name given to a group of companies responsible for the operation and maintenance of the Dampier to Bunbury Natural Gas Pipeline.
Duet group holds a 60% stake in the project with Alcoa and Babcock and Brown Infrastructure both with a 20% holding each. Duet reported a loss of $62.28M for fiscal 2009.