The price of LPG at any given time varies according to the price of oil. Whether it is $3m or $10M per year is not relevant IMHO. What is relevant is that when the wells are drilled there will be more LPGs in the gas feed to the RG plant and consequently more revenue lost to the atmosphere.
Whether the LPGs can be fed into the DBNG is another is something the pipeline operator and DMP will need to resolve before permission can be given to EGO. There may be technical issues downstream that may prevent the rich gas stream from RG being mixed with the flow from the NW shelf gas.
If it were easy to accomplish, documentation would have been already presented to both parties as the gas analyses have been known for quite some time.
EPW Price at posting:
$1.85 Sentiment: None Disclosure: Not Held
EGO Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held