Northern Gas Pipeline

Gidday,

With the NGP soon to be operational, we are looking at tripling production to c. 15 PJ/year. There has been some talk that CTP will be struggling to fulfil this after Mereenie appraisal well didn't go quite to plan....

However, RC (before he departed) spoke as recently as late last month (post drill results) at conferences that:
- CTP reconfirmed have the existing reserves
- CTP reconfirmed they infrastructure capabilities with the upgrades in progress
- 2/3's of the initial pipeline capacity has been reserved for CTP

Given the recent comments, I have confidence that we will have the capability to deliver the gas.

It's been a while since anyone has posted any analysis on this but I would like to see what other info posters have. There are few moving parts in this "price times volume" outcome but what I'm trying to work out is the quarterly operating cashflows we will be generating. Has anyone been in touch with management for clarification? If not, I may send something across.

Some key questions I have:
- Will we increase the associated liquids/condensate production with the increase in gas production?
- What are the pipeline costs that were agreed through the NGP post reforms?
- Incremental costs of production - surely the increase in production will be at lower rates per GJ than current production?